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Many banks were so heavily leveraged, meaning they had borrowed so much money relative to their capital when Lehman Brothers collapsed in 2008 that they would have failed without massive taxpayer-funded bailouts.
It is 31% leveraged, meaning for every dollar of your money, it buys $1.31 of securities.
Those companies succumbed quickly because they were highly leveraged — meaning they relied on lots of borrowed money but had relatively little cash in reserve.
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The reason everyone is freaking out now is that while some eurozone countries are relatively sound from an economic standpoint, other countries are way over-leveraged, meaning they have too much debt relative to the size of their economies.
Pinsky and others told me that that equity can be leveraged 7 to 1, meaning that if 10 million Starbucks customers donate $5, that will support $350 million worth of lending.
Think about the hedge funds and the private equity houses stuck in their leveraged positions, many illiquid, meaning there is no market mechanism to price them.
The remaining $100m would go into "highly leveraged shorts" in Russia - meaning bets that would make money if asset values in Russia were to fall sharply.
Meetup.com, for example, fell after being hit by an NTP-based DDoS attack – meaning, an attack that leveraged NTP (Network Time Protocol), which is used to sync time clocks between multiple servers.
I like travel businesses with staying power, meaning ones that are not over-leveraged.
She added: "This is a leveraged bid and Kraft will eventually have to repay the debt, meaning a great deal of uncertainty for the workforce in the UK and Ireland".
It is also worth clarifying that most of the capital required for going private would be funded by equity rather than debt, meaning that this would not be like a standard leveraged buyout structure commonly used when companies are taken private.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com