pixie money
n.— «Heard a new phrase recently: “Pixie money.” This, it was explained to me, is money that doesn’t really exist. For example, you could sell your Regina bungalow for $50,000 or $100,000 more than you paid for it, but you’d then have to spend even more money in order to buy another place. So you stay put, consoling yourself with the knowledge that your home theoretically has more value—though you can’t realize it unless you sell it, move and accept the financial consequences. So unless you figure out a way to “beat the system,” that soaring real estate value is pretty well imaginary—ergo, “pixie money.”» —“Changing of the guard at CTV Regina” by Will Chabun Leader-Post (Regina, Saskatchewan, Canada) Aug. 8, 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...
Eric from West Lafayette, Indiana, wonders which phrase is correct when referring to “making the grade” or “meeting expectations”: Is it cut the mustard or cut the muster? It’s the former, a reference to the strong...