Unlevered

Adjective · Startup & VC

Definitions

  1. Describing a company, asset, or financial analysis that excludes the effects of debt leverage. In startup and finance discussions, unlevered views are useful when comparing core business performance independent of financing structure.

    In plain English: Measured without considering the effects of debt.

    Example: "The buyer evaluated unlevered free cash flow to understand the operating business without capital-structure noise."

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