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BUSINESS WORLD

Only for big-deal hunters

Business Vocabullary

Leverage

If you have leverage, you hold the advantage in a situation or the stronger position in a contest, business or negotiation.

The lever is a tool for getting more work done with less physical force. With the right leverage, you might be able to lift a heavy rock. This refers to non-physical situations too: the power to move or influence others is also leverage. Since your clients have the purchasing power to contract your services, that is a lot of leverage to get you to do what they want. If your friend owes you a favor, you have leverage to get a favor of your own.

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