repo
n.— «Regulators also are monitoring repurchase agreements, also known as repos, which banks use for short-term financing. In a common arrangement known as tri-party repo, one bank lends money to another bank, which offers securities as collateral. A third party, known as a clearing back, takes on a safeguarding role in the transaction.» —“Paulson, Bair Want System for Investment Bank Closure (Update3)” by Rebecca Christie, Craig Torres Bloomberg.com June 19, 2008. (source: Double-Tongued Dictionary)
Further reading
Oofless is an antiquated bit of British slang that describes someone temporarily short on cash. It’s from ooftisch, a Yiddish-derived term for “cash placed on the table,” from German auf Tisch. This is part of a complete episode. Transcript of...
While reading Great Expectations (Bookshop|Amazon) by Charles Dickens, a listener in Arlington, Texas, is surprised when one of the characters inherits some money, which Dickens describes as a cool four thousand. Were they really using cool that way...