Home » Dictionary » jingle mail

jingle mail

jingle mail
 n.— «I have heard about isolated cases of “jingle mail,” where homeowners have mailed in the keys because they can’t make the payments and no longer have any equity in their homes. That phrase was a prominent feature of the S&L bust and ensuing real-estate debacle in 1990-1991—and something we’ll be hearing lots more about in the future.» —“Even if the Fed pauses, the trend is down” by Bill Fleckenstein MSN Money Aug. 7, 2006. (source: Double-Tongued Dictionary)

Leave a comment

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

Further reading

Ring-Tailed Tooter (episode #1563)

National Book Award winner Barry Lopez had wise advice for young writers. First, read widely and follow your curiosity. Second, travel or learn a foreign language. And third, find out what you truly believe, because if you’re not writing from...

Thundering of Bowling Angels and Rolling Bread Wagons

There are lots of colloquial phrases to explain away the cacophony of a thunderstorm: The potato wagons are rolling, The tater wagon’s going over the bridge, The potato wagon broke down, and God is dumping out potatoes and washing them off. In...

Recent posts