1. a buyout using borrowed money; the target company's assets are usually security for the loan; - Example: "a leveraged buyout by upper management can be used to combat hostile takeover bids"
WordNet (r) 3.0 (2006):
leveraged buyout
n 1: a buyout using borrowed money; the target company's assets
are usually security for the loan; "a leveraged buyout by
upper management can be used to combat hostile takeover
bids"