TagDown

bring-down

bring-down  n.— «At the same time the advanced due-diligence process, known as “bring-down,” being undertaken by B&B’s advisers had started to turn up some disturbing figures in the mortgage book.» —“B&B had to pass the...

blind hoistway

blind hoistway  n.— «He concluded that he must be on the thirteenth floor, and that, this being an express elevator, there was no egress from the shaft anywhere for many stories up or down. (Such a shaft is known as a blind hoistway...

soft-second

soft-second  n.— «As another example, borrowers could be required to share with the government or with the holder of the borrower’s existing mortgage either the equity created through a write-down or the future appreciation in the home...

Humbled

A caller from Down Under phones to say he’s annoyed when honorees declare they’re humbled by this or that award. He thinks it’s not only illogical, but smacks of insincerity. This is part of a complete episode.