Today’s Word: Leverage

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lev·er·age      [lev-er-ij, lee-ver-] Pronunciation KeyShow IPA Pronunciation noun, verb, -aged, -ag·ing.

–noun

1. the action of a lever.
2. the mechanical advantage or power gained by using a lever.
3. power or ability to act or to influence people, events, decisions, etc.; sway: Being the only industry in town gave the company considerable leverage in its union negotiations.
4. the use of a small initial investment, credit, or borrowed funds to gain a very high return in relation to one’s investment, to control a much larger investment, or to reduce one’s own liability for any loss.

–verb (used with object)

5. to exert power or influence on.
6. to provide with leverage.
7. to invest or arrange (invested funds) using leverage.

leverage

Pay special attention to definition option 4.  It’s your word of the day when it comes to real estate investing. 

2 Comments

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2 responses to “Today’s Word: Leverage

  1. Josh & I will be ‘leveraging’ ourselves into KC soon. We’re beginning to get excited.

    Training extra hard to make room for the carnage expected from our BBQ intake!

  2. If you want to have some fun, stop by your doctor on the way to the airport and have her pull some blood to do a cholesterol check. Then do one when you get back. Let me know the results.

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