Meaning of degear | Babel Free

Definitions

1. To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.
2. To calculate the net value of assets after removing both debt and the projected cost of interest on borrowed capital.
3. To remove one's gear (special equipment).
4. To remove or disable the gears (transmission or interlocking gears).

Examples

“Rather the reverse, for Bank of Ireland managed to degear the fastest and at the same time push⟳ its profitability up second fastest.”

“It could use⟳ a lot of unused debt capacity in Huletts, which has degeared since the sale of its packaging and paper interests.”

“The company it bought had previously been the subject of a leveraged buy-out and is now being restructured and degeared.”

“When uncertain the prudent man steps back, degears, and waits for better opportunities that is my message in a nutshell.”

“If the project is viable on this degeared basis, then leasing is compared in price with other forms of borrowing available.”

“It should be noted that there exists considerable debate⟳ surrounding the parameters used when determining the cost⟳ of equity with the CAPM. For example, the beta is often "degeared" in order⟳ to arrive⟳ at a pure asset beta, ...”

“To remove⟳ gearing, a simple weighted average cost⟳ of capital model⟳ is used: Rₚₜ= {Rₑₜ - (1 - P/Eₜ) R_(dt)}/(P/Eₜ) where Rₚₜ, is the degeared return⟳ to the property portfolio; Rₑₜ is the observed equity return⟳; R_(dt) is the return⟳ on debt (taken as the long bond yield⟳); and P/Eₜ is the value of the property portfolio as a ratio of shareholder equity.”

“He may spot jump⟳ (aim for a specific target⟳), or water jump⟳ (the most dangerous: one is given 15 seconds to degear while in the water), or jump⟳ with a partner.”

“"All right." I said taking off my clown nose and getting my backpack back from Arlo. We degeared right in the thick of the crowd.”

“I need⟳ to de-gear.” She gestured at her skates.”

“If locomotive is to be shipped on its own⟳ wheels, remove⟳ motor brushes or have⟳ locomotive degeared, and set⟳ brake-cylinder safety valve at from 25 to 30 lb opening pressure, tagging the valve with the opening pressure, and open⟳ the dead-engine cock.”

“In light⟳ of the problems experienced with the type⟳ 8B, the Ministry of Munitions' Progress⟳ and Allocation Committee (chaired personally by Sir William Weir) expressed early interest⟳ in acquiring examples of the degeared engine.”

“This childhood of mine had caused me to grow⟳ up with a dislike of forms, conventions, habits, routines and all the modes of life that encouraged the mind⟳ to slip⟳ out of gear and idle like⟳ a degeared engine, while the body lived through its days and nights automatically.”

CEFR level