From Longman Business Dictionaryleveraged takeoverˌleveraged ˈtakeoverFINANCE a takeover using borrowed money. The assets of the company being taken over are used as SECURITY for the loans taken out by the buying company and the repayments are made from the CASH FLOW (=money going into the business) of the company taken over, or from selling some of its assetsa $2.4 billion leveraged takeover → takeover
