degear

Etymology

Definitions

1. 1

   To reduce one's debt by selling off assets, especially those that were acquired with…

   To reduce one's debt by selling off assets, especially those that were acquired with borrowed money.

   • 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.
2. 2

   To calculate the net value of assets after removing both debt and the projected cost of…

   To calculate the net value of assets after removing both debt and the projected cost of interest on borrowed capital.

   • 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, ...
3. 3

   To remove one's gear (special equipment).

   • 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.
4. ›+ 1 more definitionshow fewer

   1. 4

      To remove or disable the gears (transmission or interlocking gears).

      • 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.

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