Leverage is... The basic definition of "Leverage"is the mechanical advantage available from using a "lever"this idea has been expanded to apply to other types of advantage such as money, finance and even positional advantage. The Classic Example of Leverage... As a child I would often go to the playground and play on the "See-Saw" aka. "Teeter-Totter" it was a board fixed in the middle that allowed two kids (one on each end) to ride up and down based on their weights being equally balanced. The device didn't work all that great if one kid was considerably larger than the other one. The heavier kid would crash to the ground while the lighter kid would be launched into the air. This … [Read more...]