dabba market
n.— «While the Sensex and the Nifty were making new records, the unofficial stock market or what is more commonly known as “dabba market” appears to have taken a beating.…Dabba trading is a parallel stock market where punters take positions with the prices in the regular market as references. The contracts, sealed orally in the kapli system (merely writing the amounts on a scrap of paper which serve as contract notes), are accepted for a day or a week.» —“Rising market knocks out dabba trading” by Dinesh Narayanan Mumbai Mirror (India) Nov. 29, 2005. (source: Double-Tongued Dictionary)
Further reading
A flashlight emits a steady beam of light. So what’s the flash part of that word about? Also, if you’re a nervous Nellie, you’re skittish and indecisive—both characteristics of an American politician who earned that nickname in the...
National Book Award winner Barry Lopez had wise advice for young writers. First, read widely and follow your curiosity. Second, travel or learn a foreign language. And third, find out what you truly believe, because if you’re not writing from...