bubble capital
n.— «Bank PHB was also accused of having resorted to illegalities in the acquisition bid as two-thirds of the 33 per cent it claimed were “rejected” and “warehoused” shares. The rejected shares, also referred to as “bubble capital,” were alleged to have been fraudulently acquired by some directors of Guardian Express Bank and Citizens Bank plc, two of the merging partners in Spring Bank.» —“Minister, Bank PHB Trade Words Over Illegal Acquisition Of Spring Bank” by Tony Icheku Times of Nigeria June 26, 2009. (source: Double-Tongued Dictionary)
Further reading
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