rack inversion
n.— «Meanwhile, independent station owners are getting squeezed. The gas they buy on the spot market, which is usually lower priced than that provided to branded stations under contract, is now higher, Langley said. This “rack inversion,” as it’s called in the trade, means that independents may be paying more at wholesale than the branded stations charge at retail.» —“Expert: Local gas prices headed toward $4 a gallon” by Bradley J. Fikes North County Times (Escondido, California) Nov. 3, 2007. (source: Double-Tongued Dictionary)
Further reading
Cat hair may be something you brush off, but cat hair is also a slang term that means “money.” In the same way, cat beer isn’t alcoholic — some people use cat beer as a joking term for “milk.” And imagine walking on a beach with a long stretch of...
Smoko is slang for “a cigarette break.” It’s used in Australia and also at a British research station in Antarctica. This is part of a complete episode. Transcript of “A Smoko, Drongo?” Here’s another bit of slang used by those researchers in...