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
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...
A librarian opens a book and finds a mysterious invitation scribbled on the back of a business card. Another discovers a child’s letter to the Tooth Fairy, tucked into a book decades ago. What stories are left untold by these forgotten...