GENERAL AND ADMINISTRATIVE LEVERAGE
\d͡ʒˈɛnəɹə͡l and ɐdmˈɪnɪstɹətˌɪv lˈiːvəɹɪd͡ʒ], \dʒˈɛnəɹəl and ɐdmˈɪnɪstɹətˌɪv lˈiːvəɹɪdʒ], \dʒ_ˈɛ_n_ə_ɹ_əl a_n_d ɐ_d_m_ˈɪ_n_ɪ_s_t_ɹ_ə_t_ˌɪ_v l_ˈiː_v_ə_ɹ_ɪ_dʒ]\
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A variable of potential lessening in overall administrative costs when analyzing outcome as companies combine following an acquisition. Typically, less cost is expected once the companies combine. Contrasts to costs of independently operating companies.
By Henry Campbell Black