Strictly speaking, the verb insure means to “pay a third party to protect against financial loss,” and ensure means “to make sure” or “make certain” that something occurs. For centuries, however, these words were...
break the buck v. phr.— «He thinks it’s unlikely the companies running money market funds would allow them to “break the buck,” as it’s known in Wall Street parlance even if the funds lost money on SIV-related investments. The...