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Learn Business English vocabulary with our Phrase of the Week!
Each week, we introduce a new phrase to help you sound more natural and confident in your professional communication.
For extra practice, you can download the flashcards—just scroll down to the bottom of the page.
This week's phrase:
to LEVERAGE /ˈlevərɪdʒ/ TECHNOLOGY
to use technology in a way that improves results, makes tasks easier, or gives your business an advantage.
The company leverages technology to stay ahead of competitors.
They leveraged technology and improved customer service, which, in turn, brought new customers to the company.
If a company leverages technology, it may use tools like:
automation tools;
e-commerce platforms;
project management software;
customer relationship management (CRM) systems;
data analytics software;
cloud storage solutions, etc.
When you leverage technology, you’re not just using it—you’re using it strategically to get the best results.
There are a few other collocations with the verb leverage that are common in modern Business English, such as:
to LEVERAGE RESOURCES
= to use available resources to their full potential
By leveraging our resources, we achieved great results.
The company leveraged its resources to expand into new markets.
to LEVERAGE INFLUENCE
= to use power to gain an advantage
He leveraged his influence to gain new clients.
It's time to leverage our influence to reach a wider audience.
to LEVERAGE ASSETS
= to use capital to increase returns
The business leveraged its assets to boost profits.
They’re leveraging assets to grow the company faster.
Quick Quiz
Which noun fits the sentence best: assets, influence, or technology?
They used their connections to leverage ______ and gain support for the new initiative.
