poison put n.— «In December 1995, following several quarters of weak sales, Kmart Corp. came on the brink of a bankruptcy filing: Their problems stemmed from the possible exercise of $550 million of poison put bonds outstanding, which...
max up v. phr.— «He said he was “maxed up” on all his credit cards. There was no shame in his voice. In fact there was a certain pride. He seemed to think it was pretty cool to be in debt; “live life to the max”...