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gearing |
Also found in: Dictionary/thesaurus, Medical, Financial, Idioms, Encyclopedia, Wikipedia | 0.43 sec. |
gearingRelationship between company funding that bears a fixed interest charge, such as debentures, and preference shares to its equity or ordinary share capital. When the proportion of long-term fixed interest capital is greater, the company is said to be highly geared. Highly geared companies are considered speculative investments for ordinary shareholders as the fixed interest is paid before funds become available for other purposes such as paying a dividend. |
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| It is nothing less than the high-speed tool of civilization, gearing up the whole mechanism to more effective social service. In his explanation I recognized a trick of gearing that Kantos Kan had taught me that time we sailed under false names in the navy of Zodanga beneath Sab Than, the Prince. |
gearing
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