springing claim

springing claim
 n.— «Some investors who withdrew more than they invested currently have no valid claim, but they might have what is called a “springing” claim later, if Mr Picard tries to sue them for principal as well as profits.» —“Madoff ’clawback’ is sure to get messy” by Joanna Chung in New York City FT.com (London, England) Feb. 25, 2009. (source: Double-Tongued Dictionary)

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading

Far Enough From Your Heart Not to Kill You

Nancy Gabriel from Ithaca, New York, recalls her father’s no-nonsense responses to minor injuries when she was a child: After making sure she was really all right, he’d say, It’s far enough from your heart; it won’t kill you. Other times he might...

That Burns My Onions!

A listener in Unadilla, New York, says her husband, whose family is French-Canadian, uses the phrase That burns my onions when something irritates him. There are several kitchen-related metaphors used to express anger, including that steams my...