flight to cash
n.— «With a full-scale banking crisis now in play, there followed the usual symptoms of such events—bank closures and insolvencies, a flight to “cash,” the creation of a “secondary market” in frozen deposits, the cessation of lending, the stopping of remittances and transfers, and other maladies destructive of monetary institutions.» —by Trevor Wilson Myanmar’s Long Road to National Reconciliation Aug. 30, 2006. (source: Double-Tongued Dictionary)
Further reading
Oofless is an antiquated bit of British slang that describes someone temporarily short on cash. It’s from ooftisch, a Yiddish-derived term for “cash placed on the table,” from German auf Tisch. This is part of a complete episode. Transcript of...
A flight attendant from Concord, North Carolina, is irritated by a word she must use often in her work: deplane, meaning “to leave an aircraft.” She knows this verb is effective and efficient, but she says that to her it seems inelegant...