round trip transaction
n.— «According to prosecutors, Stockman lied to banks about the firm’s financial condition, inducing them to loan the company money it couldn’t repay. He engaged in “round trip” transactions that involved masking loans—which were supposed to be repaid—as income. He exaggerated the manufacturer’s prospects, knowing his claims were untrue, which led people to buy company securities that quickly became worthless.» —“David Stockman’s Second Act” by Michael Kinsley Time Apr. 5, 2007. (source: Double-Tongued Dictionary)
Further reading
Astronauts returning from space say they experience what’s called the overview effect, a new understanding of the fragility of our planet and our need to reflect on what humans all share as a species. A book about the end of the universe...
When you had sleepovers as a child, what did you call the makeshift beds you made on the floor? In some places, you call those bedclothes and blankets a pallet. This word comes from an old term for “straw.” And: What’s the story...