difong kong n.— «First National Bank Botswana has now decided to fund the buying of second hand cars from Japan and Singapore. A few months ago, it was taboo to expect any bank to even listen to a request for finance to buy these...
twinkie tax n.— «According to the survey, over 75% of consumers would support the “fat tax”—or “twinkie tax” as it is sometimes called—if the revenues were used to make healthier foods less expensive or to make...
pass-through pork n.— «House Government Finance and Appropriations Committee meets at 1:30 p.m. in room 617 to consider bill to ban practice known as “pass-through pork,” where a legislator hides money in a state agency, so it...
refi n. a refinancing of a mortgage or loan. Etymological Note: Clipping of refinance. (source: Double-Tongued Dictionary)
rocking chair job n.— «One way to finance a rise in wages, he said, would be to get rid of secretaries to secretaries, rocking chair jobs and jobs that overlapped.» —“Urge Pay Increase Before Aldermen” New York...
upside down adj.— «A growing number of motorists now find they owe more on their car loans than the vehicles are worth. The phenomenon, known as being “upside down” on a loan, reflects changes in the ways Americans buy and...