rumourtrage
n.— «The latest market neologism is “rumourtrage,” which means disseminating a rumour and trading on it. The practice has been around since coconuts were first traded but the proliferation of hedge funds and, more lately, of increasing short positions has made rumourtrage quite a profitable exercise.» —“Shorts fuse at Babcock & Brown” by Michael West Sydney Morning Herald (Australia) Feb. 21, 2008. (source: Double-Tongued Dictionary)
Further reading
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...
It’s hard to imagine now, but there was a time when people disagreed over the best word to use when answering the phone. Alexander Graham Bell suggested answering with ahoy! but Thomas Edison was partial to hello! A fascinating new book about...