capital call
n.— «“Right now, it’s still status quo, with the Linas controlling the majority (shares) of Burger King and Romero, who will infuse fresh capital into the company for a projected expansion, conducting due diligence,” the professor said. “It’s what is known in business as ’capital call.’ The money that will be infused by Mikee will dilute the shares of all the stockholders, including Bert Lina, eventually making Mikee the controlling entity. Thus, he will then own Burger King. I just don’t know if Air21’s PBA franchise was part of the package or if he had to pay separately for this.”» —“Mikee’s role in Burger King” by Beth Celis Inquirer (Philippines) Jan. 14, 2009. (source: Double-Tongued Dictionary)
Further reading
Some college students are using the word loyalty as a synonym for monogamy. Are the meanings of these words now shifting? Plus, a biologist discovers a new species of bat, then names it after a poet he admires. Also, warm memories of how a childhood...
The expression to run the traps means “to perform due diligence” or “solicit a wide variety of opinions” or “investigate every angle thoroughly.” This metaphor derives from the literal sense of running the traps, which refers to hunting and fishing...