Delaware effect
n.— «The Irish government has thrown everybody (and that includes Sarkozy and Merkel) off track by guaranteeing every last penny in its banks. The risks run by this kind of unilateral action inside the European Union are typified by what is called a Delaware Effect. People might rush money out of some banks to move them into Irish banks in order to benefit from this guarantee.» —“J’accuse: Das Kapital… (Kein Kapital)” by Jacques René Zammit Malta Independent Online Oct. 5, 2008. (source: Double-Tongued Dictionary)
Further reading
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...
While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...