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15:27 Feb 18, 2005
English to German translations [PRO] Bus/Financial - Finance (general)
English term or phrase:leverage
Ich denke ich werde dieses Wort nie verstehen. Wie sollte man es hier verstehen?
In the grant reserve model, every dollar of federal government support typically leverages three to four dollars of private sector financing.
Explanation: leverage (noun) originally simply meant the degree to which an enterprise used borrowed capital, highly leveraged (adjective) = a lot of debt. It has now taken on the additional meaning (as is the case here when used as a verb) of acting as a lever and causing an increase in an effect, in this case, increasing the amoung of money raised for financing.