glide path

glide path
 n.— «The stock portions you see on the chart show you what you’d get if you bought now, and they also give you a good idea how the lineup will change in the years ahead.…The managers reserve the right to tinker with that schedule, known in fund argot as the “glide path,” in response to the economy and the market.» —“Age-Centric Investing” by Michael Maiello Forbes Nov. 14, 2005. (source: Double-Tongued Dictionary)

Leave a comment

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

Further reading

Word-Peckers

According to the Oxford English Dictionary, a word-pecker is “a person who trifles or plays with, or quibbles over, words.” This is part of a complete episode. Transcript of “Word-Peckers” I always love it when I’m looking through...

Buttons on Ice Cream (episode #1678)

How do dictionaries define colors? And why are some of those definitions so confusing, like “stronger than carmine” and “bluer than fiesta”? Dictionary editor Kory Stamper explains it all in her new book. Plus, the story behind the expression more...

Recent posts