London loop
n.— Note: ICE is a futures exchange. «The proposals are intended to stop traders from evading position limits in the US by trading on ICE—a method known as the “London loop.”» —“Oil traders fear for London’s position” by Robin Pagnamenta Times (London, United Kingdom) June 14, 2008. (source: Double-Tongued Dictionary)
Further reading
Among London cabbies, a musher is somebody who owns their own cab, a starving musher is someone still paying for their cab, and musher’s lotion is rain. The book Schott’s Significa: A Miscellany of Secret Languages (Bookshop|Amazon), writer Ben...
John in Tucson, Arizona, remembers his grandfather used the possessives hisn, hern, yourn, and ourn, as in Those cattle are hisn or That house is hern. These archaic forms originated hundreds of years ago, formed by analogy with mine and thine...