What exactly is leveraging? What does it mean?

[Good-Person]

In simple terms, "leveraging" could refer to utilising money in order to invest in any kind of financial market. Leveraging may refer to borrowing money and investing money. Having said that, is this the only example of leveraging? Is there any broader definition of this term?

 

[Debashis]

Leveraging can also refer to using resources or influence to gain an advantage or achieve a desired outcome. It can be applied in various contexts, such as leveraging technology, leveraging relationships, or leveraging skills and expertise to maximize productivity or results.