sliming n.— «Under Field’s supervision, FGS agents allegedly used a deceptive practice known as “sliming” to sell Coastal auto policies. They would alter the accident records of questionable drivers and falsify information...
flake n.— «The term “flood” insurance parlance refers to damages caused by the “rising of navigable waters.” In the New York area, he says, most carriers issue a limit of $1 or $2 million, with more coverage being prohibitively expensive...
functional food n.— «Too many kids are taken in by claims of health benefits in products that have been enhanced by chemical additives, including fiber, calcium, omega-3 fatty acids and vitamins. The industry calls these “functional...
scatter market n.— «Demand for television ad time sold closer to the actual air date—what is known in the industry as the scatter market—is plummeting as TV ad execs report that their phones are eerily quiet during what is normally a busy...
rain fade n.— «Rain and snow absorb the signal, reducing the quality of the service during storms, an effect the industry calls “rain fade.”» —“With WiMax, Walking on the Wireless Side in Baltimore” by Peter...
algo n.— «Powerful algorithms—“algos,” in industry parlance—execute millions of orders a second and scan dozens of public and private marketplaces simultaneously. They can spot trends before other investors can blink, changing orders and...