degear
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
8
Scrabble Score
6
Letters
1
Syllables
5
Unique Chars
Meaning
verb
To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.
verb
To calculate the net value of assets after removing both debt and the projected cost of interest on borrowed capital.
verb
To remove or disable the gears (transmission or interlocking gears).
Example Sentences
- "Rather the reverse, for Bank of Ireland managed to degear the fastest and at the same time push its profitability up second fastest."
- "It could use a lot of unused debt capacity in Huletts, which has degeared since the sale of its packaging and paper interests."
- "The company it bought had previously been the subject of a leveraged buy-out and is now being restructured and degeared."
- "When uncertain the prudent man steps back, degears, and waits for better opportunities that is my message in a nutshell."
- "If the project is viable on this degeared basis, then leasing is compared in price with other forms of borrowing available."
- "It should be noted that there exists considerable debate surrounding the parameters used when determining the cost of equity with the CAPM. For example, the beta is often "degeared" in order to arrive at a pure asset beta, ..."
Etymology
From de- + gear.
Word Breakdown
- Prefix: de