partsumer n.— «It’s called fractional ownership, which dates to the 1960s time shares, Fortune (March 12) reports. In 1986, NetJets sparked a high-end trend when it began selling shares of planes, after which luxury resorts got into the...
spinning n.— «Westly’s personal fortune also has proved something of a campaign liability. He has been criticized for engaging in a practice known as “spinning,” in which investment banks gave high-tech executives special...
DMW n.— «The stock, after initially rebounding under Pressler from $10 a share to $25, has since drifted back down to $18. Same-store sales have declined for 18 of the past 21 months. By summer 2005, Pressler was referred to as...
Big Mo n.— «I would argue that Altria is still relatively cheap, P/E below 16 on a trailing basis, (can you BELIEVE Merck is cheaper than Altria!) Plus, Wall Street moves slowly. There is still a huge bias against the Big Mo (as it’s...
bazaar-bunk n.— «Indian Oil Corporation Ltd (IOC), as part of its Vision 2000 scheme, has launched beautified multi-utility “bazaar-bunks.” The Fortune 500 company has drawn up plans to commission new retail outlets all over...
con-trepreneur n.— «Down the scale of female “con-trepreneur” scale you will find the matronly variety, the kind that gives the impression of having coined their fortune during the 1970s coffee boom.» —“Nairobi’s Con...