Definition, Meaning & Synonyms

leverage

noun and verb
/ˈlev.ər.ɪdʒ/
Definition
The act of using something to maximum advantage.
Examples
  • Businesses often use financial leverage to improve their potential returns.
  • He leveraged his connections in the industry to secure a better deal.
  • By leveraging technology, the company was able to streamline its processes.
Meaning
Leverage refers to the ability to influence a situation or person to achieve a desired outcome, often by using resources or strategic advantage.
Synonyms
  • influence
  • effect
  • advantage
  • power
  • control