IPA

Dictionary definition of leverage

To use a specific advantage or resource to achieve a desired outcome.
"The company hopes to leverage social media to reach a wider audience."

Detailed meaning of leverage

It can also mean to exert a force on an object in order to move it or to gain an advantage over others. In business, 'leverage' can refer to the use of borrowed capital to increase the potential return on an investment. More generally, it involves using one's own abilities, resources, or connections to accomplish a goal more effectively. The concept of leverage can be applied in various contexts, such as technology, marketing, finance, negotiation, and personal development. By leveraging resources or abilities, one can achieve more significant outcomes than they would have without it. However, it is essential to use leverage ethically and responsibly, as it can also lead to negative consequences if misused or overused.

Example sentences of leverage

1. We can leverage our knowledge to achieve success.
2. She plans to leverage her network for career opportunities.
3. They aim to leverage technology to streamline operations.
4. We should leverage our strengths to overcome obstacles.
5. He utilizes his experience to leverage new opportunities.
6. The company seeks to leverage market trends for growth.

History and etymology of leverage

The verb 'leverage' has its roots in Old French, specifically from the word 'lever,' which means 'to lift' or 'to raise.' Over time, this term was adopted into English and developed the meaning of using a lever or mechanical advantage to lift or move heavy objects. In a metaphorical sense, 'leverage' came to signify using a specific advantage or resource to lift or enhance one's position or achieve a desired outcome. It implies the strategic use of available means to maximize effectiveness. The etymology of 'leverage' highlights the concept of using a lever to magnify force, illustrating how individuals or organizations can apply their strengths or advantages strategically to accomplish their goals more effectively.

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Further usage examples of leverage

1. She recognizes the power of leveraging data for insights.
2. They are exploring ways to leverage social media for marketing.
3. We need to leverage our resources efficiently.
4. He understands how to leverage partnerships for mutual benefit.
5. The organization wants to leverage its reputation for influence.
6. She believes in leveraging technology for improved efficiency.
7. They aim to leverage customer feedback to enhance their products.
8. We should leverage teamwork to accomplish our goals.
9. He encourages employees to leverage their skills for success.
10. The team plans to leverage their creativity for innovative solutions.
11. She is leveraging her expertise to mentor others.
12. They want to leverage market knowledge for competitive advantage.
13. We should leverage our brand identity to attract customers.
14. He recognizes the importance of leveraging resources effectively.