leveraged buyout
leveraged buyout 借款购股；杠杆购股 这是由上市公司的管理层或场外投资者收购该公司发行在外的股票〔outstanding stock〕的交易。其收购资金主要是借自投资银行或经纪人，通常以该公司的资产为担保并以公司资产的未来收益和销售收入进行偿还。
leveraged buyout
leveraged buyout
The purchase of a publicly held corporation’s outstanding stock by its management or outside investors, financed mainly with funds borrowed from investment bankers or brokers and usu. secured by the corporation’s assets. — Abbr. LBO. [Cases: Corporations 116. C.J.S. Corporations §§ 233–240, 242.]