From Longman Dictionary of Contemporary Englishleveraged buyoutˌleveraged ˈbuyout noun [countable] technical when someone borrows money to buy all or most of the stock of a company by promising to pay the bank back by selling the company’s assets if they cannot pay back the money they borrowed
Examples from the Corpus
leveraged buyout• In 1989, after several years of lagging profits, Lechmere changed hands as a result of a management-led leveraged buyout.• During the 1980s, the phrases leveraged buyout and management buyout echoed all over Wall Street.From Longman Business Dictionaryleveraged buyoutˌleveraged ˈbuyoutFINANCE when a person or organization buys a company using a loan borrowed against the company’s assets, some of which may then be sold to pay off the loanWith debt taken on in a $4.9 billion leveraged buyout, the company could not afford to pay all its bills. → buyout 