liftoff
n.— «“Liftoff” in headhunter speak, or team movement in common parlance, is the latest buzzword that’s creating a stir in India Inc, especially in the financial sector.…Recently, four key executives from JM Financial moved to erstwhile partner Morgan Stanley. They included VK Bansal, head of corporate finance; Kamal Yadav, executive director, corporate finance; Sachin Wagle, associate director, global capital markets group; and Divyesh Desai, executive director, corporate finance.…The executive search fraternity attributes the phenomenon to a variety of reasons. The dearth of top leadership talent is by far the biggest reason, they say. So transplanting a team from another company makes things much easier, and is a quicker way to hit the ground running in the explosive growth environment.» —“Liftoffs create a buzz in India Inc” by Vinod Mahanta, TR Vivek Economic Times (India) June 28, 2007. (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...
The English language has been greatly enriched by borrowings from the languages of Asia. Barely scratching the surface, we have from Japan skosh, tycoon, tsunami, origami, yen, kimono, futon, and karaoke. From Chinese comes yen, kowtow, gung ho, and...