Spitting hairs I think-gearing and leverage arguably but one could also argue they can be separate-eg a highly geared balance sheet as opposed to 'leverage' on something like a equity option or CFD ? But I'm sure a person of your intelligence gets the point I was trying to make ? Perhaps I should have also added the word 'high' debt levels, gearing and leverage ?
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Spitting hairs I think-gearing and leverage arguably but one...
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