opco propco
n.— «Until recently it was believed that the only way for a pub group to convert to Reit status would be to split into a property company and an operating company—a process known as “opco propco’—which could involve selling off valuable property assets.» —“Camerons aids Enterprise Inns’ initiative to use beer money for Reit” by Jon Parker The Lawyer (United Kingdom) May 28, 2007. (source: Double-Tongued Dictionary)
Further reading
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...
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...