sightholder
n.— «De Beers, 45 percent owned by Anglo American, has slashed the number of its so-called sightholders, or dealers allowed to buy its prestigious gems, leaving many small- and medium-sized businesses out in the cold.» —“Antwerp’s diamonds’ fate with India” in Antwerp, Netherlands Financial Express (New Delhi, India) July 11, 2005. (source: Double-Tongued Dictionary)
Further reading
The English language has been greatly enriched by borrowings from the languages of Asia. Barely scratching the surface, we have from Japan skosh, tycoon, tsunami, origami, yen, kimono, futon, and karaoke. From Chinese comes yen, kowtow, gung ho, and...
Cat hair may be something you brush off, but cat hair is also a slang term that means “money.” In the same way, cat beer isn’t alcoholic — some people use cat beer as a joking term for “milk.” And imagine walking on a...