IBGYBG

IBGYBG
 n.— «On Wall Street, a new phrase was invented only a few years ago: IBGYBG. I’ll be gone, you’ll be gone, so let’s do the deal and let the suckers pay for it. Now consumers are suckered into no-income second mortgages (:hey they wouldn’t lend me the money if they didn’t think I could pay it back, right?”).» —“We’ve All Caught the Detroit Disease” by Charles H. Green Huffington Post Aug. 13, 2007. (source: Double-Tongued Dictionary)

Leave a comment

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

Further reading

By a Long Shot (episode #1572)

Imagine telling someone how to get to your home, but without using the name of your street, or any other street within ten miles. Could you do it? We take street names for granted, but these words are useful for far more, like applying for a job or...

A Quality Jazz Pangram

People might never know that quality jazz exists outside the city of Baton Rouge. Which may be true—but it’s also a pangram. This is part of a complete episode.

Related