cram-down
n.— «The Winn-Dixie bankruptcy case is barreling toward the stage that bankruptcy lawyers affectionately call the cram-down. That’s when creditors, bankers, bondholders, vendors, landlords and stockholders wrestle over how much of the company’s assets are left to split up and who’s going to eat how much of the shortfall.» —“Grocer’s investors fight for crumbs” by Mark Albright St. Petersburg Times (Florida) Jan. 30, 2006. (source: Double-Tongued Dictionary)
Further reading
Advice about college essays from the winner of a top prize for children’s literature: Kelly Barnhill encourages teens to write about experiences that are uniquely their own, from a point of view that is theirs and no one else’s. Plus, why do we say...
While compiling the Oxford English Dictionary, lexicographer James Murray exchanged hundreds of letters a week with authors, advisors, and volunteer researchers. A new collection online lets you eavesdrop on discussions about which words should be...