definition of it. Thanks.? Examples include "leveraged play on bad banks," and "Silver is the Leveraged Play in Precious Metals," and "A leveraged play on Gold and related metals prices" and "a leveraged play on Bullion," etc. Also, is leveraged play the same or different as a "leveraged short play?" I know that leverage has something to do with debt (I keep hearing about over-leveraging of banks). Thanks.