For example, Microsoft has avoided borrowing any money and they don't believe in debt, so they are not leveraged.

比如微软从不借款,他们不愿负债,所以没有杠杆性

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Your $30,000 down payment is completely wiped out because you were leveraged.

你支出的3万美元就彻底消失了,因为你的杠杆性

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If a company borrows a lot of money it's called "leveraged."

若公司有大笔借贷,则称之为有杠杆性

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When a company becomes leveraged, it then becomes riskier.

当一家公司变得有杠杆性,则风险增大

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So, leverage brings risk.

所以杠杆性引发风险

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