financial ostrich
n.— «The survey highlights another breed of personal banker, the “financial ostrich,” a term used to describe a small proportion of U.S. consumers (3 percent) who are completely ignorant about how much money is in their bank account at any given time.» —“Research Reveals U.S. Consumer Obsession With Bank Balances” in Dublin, California CNNMoney Sept. 11, 2007. (source: Double-Tongued Dictionary)
Further reading
When you had sleepovers as a child, what did you call the makeshift beds you made on the floor? In some places, you call those bedclothes and blankets a pallet. This word comes from an old term for “straw.” And: What’s the story...
Are there words and phrases that you misunderstood for an embarrassingly long time? Maybe you thought that money laundering literally meant washing drug-laced dollar bills, or that AM radio stations only broadcast in the morning? • A moving new...