1. In finance, referring to a company or investment that has no debt or financial leverage; not using borrowed money to finance operations
The unlevered beta represents the risk of the business without the impact of debt.
O beta sem alavancagem representa o risco do negócio sem o impacto da dívida.
2. Referring to a valuation or return calculation that does not account for the effects of debt financing
They calculated the unlevered free cash flow to assess the company's operating performance.
Eles calcularam o fluxo de caixa livre sem alavancagem para avaliar o desempenho operacional da empresa.