Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- GEARING
Buy a house for £100,000 with a deposit of £10,000 and the rest as a mortgage. Six months later, sell it for £150,000 and you've made 400% profit on your original investment: that's gearing. Of course, it can work the other way too!Back