IOU nothing money n.— «They’re trying now to establish a single currency in Europe. I don’t mind that so much, if Europe wants it, but this present world-wide fiat paper money—what I call “IOU nothing” money—is going to break down. We’re...
whalejet n.— «As a supreme symbol of Europe’s prowess in aerospace, indeed in modern technology itself, the A 380 superjumbo jet, is melting down. No longer the embodiment of European cooperation and unity, its third announced delivery...
cotton curtain n. a political, social, and cultural divide, especially concerning race, between the American South and the rest of the country. Editorial Note: A similar term is Orange Curtain. Etymological Note: Patterned after Iron Curtain...
ladder people n.pl.— «In this working-class town built by immigrants from Europe generations ago, some locals have taken to calling the latest arrivals from overseas “the ladder people,” for the cranes and ladders on the...
phone home v. phr.— «Of course it’s possible that the software just “phones home” when the memory is full, who knows?» —“Re: Sky phoning in to the digibox” by Dave Porter Usenet: alt.satellite.tv...
pre-baked adj.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also offers...