STOLI

STOLI
 n.— «In what has to be the wackiest new trend in life insurance, many consumers are allowing total strangers to place bets on when they will expire—and the sooner they go, the bigger the payoff. It’s called Stranger-Originated Life Insurance, or STOLI for short.» —“Stranger-Originated Life Insurance a bad bet, regulators say” by Paul Wenske Kansas City Star (Kansas City, Kansas/Missouri) Mar. 8, 2008. (source: Double-Tongued Dictionary)

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Further reading

No Bones (episode #1669)

Whippoorwills, bob whites, and chickadees. How do we decide the names of birds and what to call their calls? Plus, the last syllables of Arkansas and Kansas are pronounced differently, but they come from the same etymological root. And: What’s the...