Definition of ungeared in English:

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Pronunciation: /ʌnˈɡɪəd/


1(Of a vehicle) not having gears or gearing.
2(Of a company or its balance sheet) having or showing no debt: the balance sheet is almost ungeared
More example sentences
  • From managements' perspective, ungeared companies become potentially more vulnerable to predators.
  • The company's dividend has been restored and its ungeared balance sheet can comfortably support the investment needed to rebuild the brand and drive continued recovery.
  • The pressure on them to do a deal is intense given its ungeared balance sheet and the fact that the industry is ripe for consolidation.
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