REO
n.— «R.E.O. is industry lingo for “Real Estate Owned,” the term that bankers assign to homes they have taken in a foreclosure. Reomac is the industry group that serves the mortgage default trade, specializing in selling the busted-up American dream.» —“Homeowners’ Hard Times Are Good for the Foreclosure Business” by Eric Lipton in Palm Desert, California New York Times Apr. 6, 2009. (source: Double-Tongued Dictionary)
Further reading
In Cockney rhyming slang, apples and pears is a synonym for “stairs,” and dustbin lids means kids. Plus, sniglets are clever coinages for things we don’t already have words for. Any guesses what incogsneeto means? It’s the...
National Book Award winner Barry Lopez had wise advice for young writers. First, read widely and follow your curiosity. Second, travel or learn a foreign language. And third, find out what you truly believe, because if you’re not writing from...