mailbox money

mailbox money
 n.— «The recurring revenue SCR earns as a result of switching its clients to Mercury is what Milligan refers to as “mailbox money.” That is, once a client is switched over, SCR receives a monthly residual check from Mercury based on the card processing activity of the customer. All Milligan has to do is walk to the mailbox.» —“3 Steps to Increased POS Sales” by Mike Monocello Business Solutions Aug., 2007. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Pushing the Envelope (episode #1591)

Sure, there’s winter, spring, summer, and fall. But the seasons in between have even more poetic names. In Alaska, greenup describes a sudden, dramatic burst of green after a long, dark winter. And there are many, many terms for a cold snap...

Mystery Date (episode #1577)

A librarian opens a book and finds a mysterious invitation scribbled on the back of a business card. Another discovers a child’s letter to the Tooth Fairy, tucked into a book decades ago. What stories are left untold by these forgotten...