enter runoff
v. phr.— «It looks like some insurers will “enter runoff,” that is, do no new business and instead collect their premiums as the bonds they insure mature.» —“Ambac, MBIA Finally Have Their ’Peggy Lee Moment'” by Joe Mysak Bloomberg.com June 10, 2008. (source: Double-Tongued Dictionary)
Further reading
In 1916, a small-town newspaper in Pennsylvania printed a fanciful item about a local gathering with a guest list that included, among others, Miss Ella Vader, Mr. Ray Zor, and other punny names. This is part of a complete episode. Transcript of...
Quiz Guy John Chaneski is back with another Common Bonds game, in which the object is to figure out what one word links a trio of ideas. For example, what one word unites the following three things? A report card, USDA inspected beef, and an incline...