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 thriller Down Cemetery Road starring Emma Thompson, a character uses the Briticism safe as houses, meaning “quite safe,” an expression thought to derive either from the sturdiness of a house or the sense of real estate as a secure investment...
Melissa in Charlotte, North Carolina, remembers her grandfather would describe something excellent as better than snuff, but not near as dusty. The snuff in this case refers to finely ground smokeless tobacco. It arose at a time when snuff was...