Friday, October 31, 2014

LEVERAGE

WORD: LEVERAGE

MEANING:
1.
a. The action of a lever.
b. The mechanical advantage of a lever.
2. Positional advantage; power to act effectively: "started his . . . career with far more social leverage than his father had enjoyed" (Doris Kearns Goodwin).
3. The use of credit or borrowed funds to improve one's speculative capacity and increase the rate of return from an investment, as in buying securities on margin.
4. pull, control, force

EXAMPLE/USAGE:
1. Inputs for leveraging POST OFFICE NETWORK with a task force.
2. In a corrupt society money provides adequate leverage to get favourable decisions.

PRONOUNCE:
lev·er·age - लेवरिज / लेव्रज / लीवरिज

LINK: LEVERAGE

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