What is Financial leverage?
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Financial leverage is the use of borrowed money (debt) to finance the purchase of assets. ... In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan.
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Financial leverage is the use of borrowed money (debt) to finance the purchase of assets. ... In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan.
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