Meaning of the word leveraging in English

What does leveraging mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

leveraging

US /ˈlɛvərɪdʒɪŋ/
UK /ˈliːvərɪdʒɪŋ/

Verb

1.

using something to maximum advantage

Example:
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The company is leveraging its strong brand reputation to enter new markets.
•
We are leveraging technology to improve efficiency.
2.

using borrowed capital for an investment, expecting the profits made to be greater than the interest payable

Example:
•
The investor is leveraging a significant amount of debt to acquire the property.
•
Many startups rely on leveraging venture capital to fuel their growth.