What Is a Leveraged Loan?

A leveraged loan is a loan that is provided to a borrower with the intention of being used to finance a leveraged buyout (LBO) or another high-risk investment. The loan is typically provided by a consortium of banks and is senior in ranking to all other debt issued by the borrower. Leveraged loans are typically … Read more

What is downshifting?

The concept of downshifting is about working less to live longer, that is, living better with less. Somehow the translation of downshifting would be "slow down." This movement has its origins in the United States, when a group of businessmen realized in the 80s that they were getting a lot of money in exchange for … Read more