use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing
Financial Leverage
Creator
Creator
Seonglae ChoCreated
Created
2022 Jun 28 16:52Editor
Editor
Seonglae ChoEdited
Edited
2022 Jun 28 17:3Refs
Refs
Operating Leverage