Today's Finance Jargon
Leverage is the use of various financial instruments or borrowed capital, such as margin, to increase the potential return of an investment.
The amount of debt used to finance a firm's assets. A firm with significantly more debt than equity is considered to be highly leveraged.
Leverage is most commonly used in real estate transactions through the use of mortgages to purchase a home.
Today's Law Jargon
placing someone on trial a second time for an offense for which he/she has been previously acquitted, even when new incriminating evidence has been unearthed. This is specifically prohibited by the Fifth Amendment to the U.S. Constitution, which states: "…nor shall any person be subject for the same offence [sic] to be twice put in jeopardy of life or limb…" However, in rare instances a person may be tried for a different crime based on some of the same facts which were used to try him/her when he/she was acquitted. A prime example is the use of the Federal Civil Rights Act to charge a person with violation of another's civil rights by killing him, after a state murder case had resulted in an acquittal, as happened in the 1994 trials for the deaths of civil rights activists and freedom riders Andrew Goldman, Michael Schwerner, James Chaney and Viola Liuzzo, that occurred thirty years earlier.
Today's Engineering Jargon
A principle which states that when pressure is exerted on a confined liquid, it is transmitted undiminished. The law is particularly valid for hydraulic systems.
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