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Osee Posted 18 years ago
Vocabulary
leveraged buyout
In Langman online dictionary http://pewebdic2.cw.idm.fr/ , the explanation for leveraged buyout is like this:
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
I have a doubt for the red part, it even does not make sense. In addition, many other places explain it only as "borrow money to do buyout", for example http://en.wikipedia.org/wiki/Leveraged_buyout
Do you have any comment about this? Thanks.
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
I have a doubt for the red part, it even does not make sense. In addition, many other places explain it only as "borrow money to do buyout", for example http://en.wikipedia.org/wiki/Leveraged_buyout
Do you have any comment about this? Thanks.
Top answer
fr / , the explanation for leveraged buyout is like this: 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 otherwise pay back the money they borrowed I have a doubt for the red part, it even does not make sense. In addition, many other places explain it only as "borrow money to do buyout", for example Do you have any comment about this? Thanks.
- fr / , the explanation for leveraged buyout is like this: 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 otherwise pay back the money they borrowed I have a doubt for the red part, it even does not make sense.
- In addition, many other places explain it only as "borrow money to do buyout", for example Do you have any comment about this?
- Thanks.
- I would add the word 'otherwise', as I have done above, to make the meaning clearer.
- Do you still have trouble understanding ithe meaning?
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1 Answers
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Hi,
In Langman online dictionary http://pewebdic2.cw.idm.fr/ , the explanation for leveraged buyout is like this:
when someone borrows money to buy all or most of
In Langman online dictionary http://pewebdic2.cw.idm.fr/ , the explanation for leveraged buyout is like this:
when someone borrows money to buy all or most of
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