dry powder

dry powder
 n.Gloss: Capital readily available for investment. «Capital available for secondary deals—what the industry calls dry powder—is about $12 to $15 billion, said Small, whose company manages some $4.2 billion of secondaries.» —“ANALYSIS-Caution key for buyers of cheap secondary buy-outs” by Douwe Miedema, Simon Meads in London, United Kingdom Forex Pros Nov. 24, 2008. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Nurdle, Nerdle, Nodule

The word nurdle, sometimes spelled nerdle, can be used to denote various “small bits of things,” such as styrofoam packing material or detritus in one’s pockets. It may be related to the word nodule. Like thingamabob and whatsit...

Recent posts