liar’s loan
n.— «With the advent of “no-doc” and “stated-income” loans—sometimes dubbed the “liar’s loan”—versus full-income disclosure, lenders increasingly face potential exposure to a smorgasbord of what the FBI calls fraud for profit.» —“Grappling with Loan Quality” by Kevin Coop Mortgage Banking Feb. 1, 2005. (source: Double-Tongued Dictionary)
Further reading
There was a time when William Shakespeare was just another little seven-year-old in school. Classes in his day were demanding — and all in Latin. A new book argues that this rigorous curriculum actually nurtured the creativity that later flourished...
Quiz Guy John Chaneski serves up a smorgasbord of food-related words. If you’re hungry and can’t think of anything but food, what would you call someone who’s afraid of every little thing? We don’t have beef with this puzzle...