whippy n.— «The whippies, as the insurance industry calls whiplash claimants, account for this huge increase in BI claims. For the purpose of insurance statistics, whiplash is recorded as “sprains and strains,” ans since these...
whippy n. an insurance claim for whiplash, or a person making such a claim. (source: Double-Tongued Dictionary)
economic euthanasia n.— «Iannessa also stresses that having pet insurance can eliminate the need for what is known as “economic euthanasia”—putting a pet down not because it couldn’t be treated, but it couldn’t afforded to be...
jingle mail n.— «Kosciuszko said the mortgage insurance industry coined the term “jingle mail” because homeowners whose mortgages were worth far more than their homes literally mailed their house keys in to lenders...
black fish n.— «Share fishermen, who are classified self-employed, receive a share of the profits or gross earnings of a fishing boat but research from HM Revenue and Customs (HMRC) has revealed that share fishermen often don’t save for...
liar’s loan n.— «You rarely hear anything about individual borrowers who tell little white lies, the ones who obtain so-called “liar loans,” but they’re just as prevalent, if not more so. A young New Jersey couple, “the...