leverage
Pronunciation
Noun
B1 Intermediate
Quick answer
The power to influence a situation or gain an advantage, often by making use of something you already have.
Synonyms and antonyms
Usage notes
As a verb, "leverage" means to use something you already have to gain an advantage, as in "leverage your existing customer base".
Test yourself
Which word fits the gap? "Owning the only bridge into town gave the company huge _____ over prices."
Answer: leverage
In your own words, what does "leverage" mean?
The power to influence a situation or gain an advantage, often by making use of something you already have.
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