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  1. Oxford American Dictionary

    gearing

    • IPA[ˈɡiriNG]

    美式

    • n.
      the set or arrangement of gears in a machine；the ratio of a company's loan capital (debt) to the value of its ordinary shares (equity); leverage

    • noun: gearing

    • 釋義

    名詞

    • 1. the set or arrangement of gears in a machine the mill's internal waterwheel and gearing survive
    • 2. British the ratio of a company's loan capital (debt) to the value of its ordinary shares (equity); leverage the firm expects its gearing to rise to 20 percent