primary v.— «Most lawmakers represent safe districts, giving them little incentive to tack to the center and work together. Indeed, many incumbents worry more about “being primaried,” as they put it, drawing a primary challenge from...
money good adj.— «Although many of the assets and issuers backing these securities are solid, or “money good” in Wall Street parlance, the mechanics of the auction-rate securities market as well as the continuing credit squeeze give...
hold the check v. phr.— «At yesterday’s hearing, Rep. Delmar Burridge said he hopes a law change will give incentive for low-level members who don’t “hold the check” or “hold the cap”—street lingo he heard in his...
hold the cap v. phr.— «At yesterday’s hearing, Rep. Delmar Burridge said he hopes a law change will give incentive for low-level members who don’t “hold the check” or “hold the cap”—street lingo he heard in his 35...
shoot, shovel and shut up v. phr.— «Worse, the law may actually speed up extinctions. Farmers have an incentive to destroy protected species before the biologists find them—a practice known as “shoot, shovel and shut up...
gearing n.— «The managers have an incentive to take too much risk in order to deliver the excess return. One method is to borrow from the banks, in the expectation that the return on the new assets will be higher than the rate of interest...