poison put
n.— «In December 1995, following several quarters of weak sales, Kmart Corp. came on the brink of a bankruptcy filing: Their problems stemmed from the possible exercise of $550 million of poison put bonds outstanding, which allowed holders to sell back, or “put” the notes back to the retailer, if the rating on the company’s senior debt—as determined by either Standard and Poor’s or Moody’s—fell below investment grade.» —“Alexander David” Pricing the Strategic Value of Poison Put Bonds Nov., 1997. (source: Double-Tongued Dictionary)
Further reading
How do you pronounce species? Is it “spee-SEES” or “spee-SHEES”? Both are considered standard, but the spee-SHEES pronunciation is far more common. This is part of a complete episode.
Related
Have you ever googled your own name and found someone else who goes by the very same moniker? There’s a word for that: googleganger. Plus, the language of hobbyists and enthusiasts: If you’re a beekeeper, perhaps you call yourself a...