Meaning of the word leverages in English

What does leverages mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

leverages

US /ˈlɛv.ər.ɪdʒ.ɪz/
UK /ˈliː.vər.ɪdʒ.ɪz/

Verb

uses something to maximum advantage

Example:
The company leverages its strong brand name to attract new customers.
She leverages her experience to mentor junior colleagues.