gifting power
n.— «Allowing the people who watch over you to withdraw money for themselves—often called “gifting powers”—could be dangerous and needs to be discussed at length with your lawyer. Also, federal laws have changed and could make a person ineligible for medical assistance if a certain dollar amount of “gifting” was done.» —“Grandson in guardian quandary” by Jennifer Learn-Andes Times Leader (Wilkes-Barre, Pennsylvania) Sept. 11, 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...
High school students in Alabama share some favorite slang terms. If someone tells you to touch grass, they’re telling you to get a reality check — but the last thing you’d actually want to touch is dog water! Also, the history of the...