The German word Zaunkönig means “wren,” but literally translates as “king of the fence.” This is part of a complete episode. Transcript of “Zaunkönig, King of the Fence” The German word zahn means a fence or a hedge and the German word kunig means...
Paul in Dryden, New York, says when he lived in Tennessee, he knew that when someone began a sentence with Bless his heart, that phrase would usually be followed by the word but, plus a criticism of that person. Now that he’s living in New York...
There’s a word hole in a hedge or wall made by the repeated passage of a small animal. It’s called a smeuse. This dialect term from the UK is one of hundreds from Landmarks, a book of essays in which Robert Macfarlane seeks to reanimate our...
high water mark n.— «Finally, most hedge funds have something called a high water mark. It requires hedge fund managers to make investors whole before they can start collecting their 20 percent of the profits—regardless of how long that takes...
side-pocket n.— «A hedge fund often invests into securities which are not quickly or easily converted into cash. Often this happens by way of a “side-pocket” where all illiquid securities are segregated.» —“United Kingdom: Hedge Funds And The...
money-good adj.— «“OK, something that Moody’s rates triple-A must be money-good, so I’m going to worry about the other things I’m investing in, but when it comes time to say, ’Where am I going to put my cash?,’ I’ll just leave it in triple-A...
