run-off
n.— «Michael Callen, who became interim CEO after Robert Genader left, told analysts on a conference call that the company has no plans to stop writing new insurance, a process known as going into “run-off.”» —“Ambac Reports Loss, Talks With ‘Potential Parties’ ” by Christine Richard Bloomberg.com Jan. 22, 20008. (source: Double-Tongued Dictionary)
Further reading
How do you transform ancient Chinese script for use in the modern age? English uses a keyboard with just 26 letters, but the first Chinese typewriter looked like a small table under a huge disk with more than 4,000 characters. A new book chronicles...
Novelist Charles Dickens and the musician Prince were very different types of artists, but they also had a lot in common. A new book chronicling their extraordinary careers becomes a larger meditation on perfectionism and creativity itself. Plus...