gearing
gearing — 名詞
1. a way of measuring how heavily a firm relies on loans from banks or other lender
負債比
公司借款與股本的比例
a way of measuring how heavily a firm relies on loans from banks or other lenders, judged against the value of money raised from shareholders — high gearing signals strong dependence on borrowing.
Analysts warned that the airline's high gearing made it vulnerable during the recession.
分析師警告，這家航空公司的高負債比讓它在經濟衰退期間特別脆弱。
collocation: high gearing
Nora's report showed that the supermarket chain had reduced its gearing by issuing new shares.
Nora 的報告顯示，那家超市連鎖店透過發行新股降低了負債比。
collocation: reduce gearing
The bank refused the loan because the property firm's gearing ratio was already above 80 percent.
銀行拒絕貸款，因為那家不動產公司的負債比已經超過百分之八十。
collocation: gearing ratio
Hugo explained that low gearing usually signals a cautious approach to growth.
Hugo 解釋說，低負債比通常代表公司對成長採取較謹慎的態度。
collocation: low gearing
Investors prefer companies with stable gearing during periods of rising interest rates.
在利率上升期間，投資人偏好負債比穩定的公司。
subject typically institutional investors
- high gearing
- low gearing
- gearing ratio
- reduce gearing
- leverage
standard American equivalent
- debt ratio
narrower; refers to a specific calculation
文法句型
high/low gearing
gearing ratio
用法筆記
Mostly British English; American business writing uses 'leverage' for the same concept. Frequently appears in the fixed phrase 'gearing ratio'.
常見錯誤
2. the set of toothed wheels fitted inside a machine, bicycle, or car that work tog
齒輪組；傳動
機器內傳遞動力的齒輪系統
the set of toothed wheels fitted inside a machine, bicycle, or car that work together to pass power from the motor to the moving parts.
Takeshi noticed a strange noise coming from the gearing of the old tractor.
Takeshi 注意到那台老舊曳引機的齒輪組傳出奇怪的聲音。
the gearing of [machine]
The bicycle's gearing was designed for steep mountain roads.
這輛腳踏車的齒輪組是為陡峭的山路設計的。
the gearing of [vehicle]
Shanti spent the afternoon cleaning grease from the gearing of her workshop drill.
Shanti 花了一個下午清除工坊鑽床齒輪組上的油垢。
concrete: gearing inside a tool
Lower gearing helps the truck climb hills with a heavy load on the back.
較低的齒輪組能幫助卡車載著重物爬上山坡。
function: lower gearing for power
The mechanic replaced the worn gearing before the race on Sunday morning.
技師在星期天早上的比賽前更換了磨損的齒輪組。
collocation: replace worn gearing
- high gearing
- low gearing
- worn gearing
- the gearing of
- gears
plural countable form referring to the same parts
- transmission
broader; the whole system including gearing and shafts
文法句型
the gearing of [machine]
用法筆記
Refers to the whole arrangement of gears as a system, not a single gear. Distinguish from sense 1 by context: financial gearing is about money, mechanical gearing is about machine parts.