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)
Further reading
In the 15th century, the word respair meant “to have hope again.” Although this word fell out of use, it’s among dozens collected in a new book of soothing vocabulary for troubled times. Plus, baseball slang: If a batter...
Eric from West Lafayette, Indiana, wonders which phrase is correct when referring to “making the grade” or “meeting expectations”: Is it cut the mustard or cut the muster? It’s the former, a reference to the strong...