负债经营是指企业通过借入资金，利用商业信用和发行债券等负债行为筹措资金，获得盈利的理财观念和经营行为，它是商品经济发展的产物。西方国家也把举债经营称之为“财务杠杆”，意即在理财中起着杠杆的作用。在商业术语中，较高的经营杠杆意味着在其它条件不变的情况下，销? Liabilities management refers to the idea of ​​financial management and business behavior that the company obtains profits through the use of borrowed funds, the use of commercial credits and the issuance of bonds, and other debt acts, and it is a product of the development of commodity economy. Western countries also call debt management “financial leverage”, which means leverage in financial management. In business terms, higher operating leverage means that other conditions remain unchanged.