| 单词 | capital gearing |
| 释义 | > as lemmascapital gearing capital gearing n. Finance (chiefly British) the ratio of debt to equity in a company's balance sheet, used as a measure of the extent to which debt has been used to fund the assets of a business, and also to assess the risk inherent in the capital structure of the firm; cf. capital leverage n. ΚΠ 1931 Economist 16 May 1054/2 A crucial factor may be the relative importance of preference shares and debentures in the capital structure of a given company—or, to use a convenient term, the capital ‘gearing’. 1999 Sydney Morning Herald (Nexis) 11 Feb. 23 The bank's ongoing attention to capital management will include consideration of a further buyback on market and improved capital gearing. 2010 D. J. Spurling Introd. Transport Econ. xx. 294 The different capital gearing will tend to make some profits seem much higher than others, even when both firms are operating with the same degree of efficiency. < as lemmas |
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