A Leveraged Buyout Refers to

question 56

Multiple Choice

A leveraged buyout refers to

• A)a firm restructuring itself by selling off unrelated units of the company's portfolio.
• B)a firm pursuing its core competencies by seeking to build a top management team that comes from a similar background.
• C)a restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private.
• D)an action where the management of the firm and/or an external party buy all of the assets of a business financed largely with equity.

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Definitions:

Exposure and Response Prevention

A treatment for obsessive-compulsive disorder that exposes a client to anxiety-arousing thoughts or situations and then prevents the client from performing his or her compulsive acts. Also called exposure and ritual prevention.

Obsessive-compulsive

Pertaining to a disorder characterized by intrusive thoughts that produce uneasiness (obsessions) and behaviors (compulsions) aimed at reducing anxiety.

Vacuum

A space entirely devoid of matter, or a situation characterized by the absence of something that would normally be present.

Compulsive Behaviors

Actions performed repeatedly and excessively as a result of an irresistible urge, often related to obsessive-compulsive disorder.