ungeared

ungeared
ungeared un‧geared [ʌnˈgɪəd ǁ -ˈgɪrd] adjective
FINANCE without any debt:

• The firm's balance sheet is almost ungeared.

* * *

ungeared UK US /ˌʌnˈɡɪəd/ adjective UK
FINANCE relating to a company whose capital is all in the form of shares and that has no debt, for example in the form of bonds: »

The company's ungeared balance sheet means they could soon be on the look-out for acquisitions.


Financial and business terms. 2012.

Игры ⚽ Поможем решить контрольную работу

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