kilowatt laundering
n.— «Electricity sold by CEZ of the Czech Republic to Romania for 40 euros per MW was later resold by electricity traders in the Greek stock market for 80 euros to 90 per MW. The practice is known as ‘kilowatt laundering’ a term, analogous to money laundering, coined to describe the process of obscuring the true origins of specific quantities of electricity being sold on the energy market.» —“Energy Challenge Leaves Balkans Divided” by Gjergj Erebara BalkanInsight.com Dec. 08, 2008. (source: Double-Tongued Dictionary)
Further reading
The word budget derives from French bougette, “leather bag.” An old phrase in English to open one’s budget, meant “to speak one’s mind.” The word purse is related to French bourse, a word for the stock market. This is part of a complete episode...
A Green Bay Packers fan wonders why a quarterback who’s tackled is said to be sacked. The roots of the word sack as in “bag” goes back thousands of years, all the way to Akkadian, later spreading through Greek, Latin, and then to Romance and...