flight to cash

flight to cash
 n.— «This in turn, it comments, could mean trouble for many small US banks, and some big ones, too, and could bring a flight to cash and precious metals and eventually a world recession.» —“Wall Street: Dilemma Of Oil Benefits” by Terry Byland Financial Times (United Kingdom) Feb. 17, 1986. (source: Double-Tongued Dictionary)

Join the discussion

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

Further reading

Midnight Oil (episode #1644)

What exactly is a planet? Controversy over this question led to Pluto’s redefinition, along with a brand-new English word. And: Some people now use the phrase all the things! to mean and whatnot or you know what I mean. This new sense of all...