headroom
B2CEFR level
42/100Rarity: uncommon
TechnicalRegister
The margin between a company's current position and its financial or covenant limits.
The refinancing restored covenant headroom and gave management room to invest again.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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