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)
Further reading
The proverb when in Rome, do as the Romans do suggests one should respect local customs and traditions, but also more generally that sometimes it’s better to go along with a group’s consensus than resist and make a fuss. But why in Rome and not in...
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...