metal play
n.— «In industry parlance, the plane deals are called “metal plays.” After 9/11, when airlines started returning planes to creditors or demanding substantially lower lease rates, a few hedge funds saw an opportunity, but it involved a radical rethink of the way investors came up with valuations for planes.» —“Stocks, bonds…or jets” by Barney Gimbel CNNMoney June 11, 2007. (source: Double-Tongued Dictionary)
Further reading
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