agflation n.— «Look, we’ve already seen in the investment world the term “agflation” has now been coined, and that’s simply a result of this, and that inflationary impact of higher grains prices or higher agricultural...
deal monkey n.— «This cynical world has produced contrition up and down the Street, but no one is about to pull out of the hustle. Each investment bank employs what are affectionately known as “deal monkeys,” whose job it is...
wrap-around mortgage adj.— «Featured topics will be equity participation, the wrap-around mortgage, and the techniques of investment in income-producing property.» —“Mortgage Bankers Meeting to Be Held Here...
poison put n.— «In December 1995, following several quarters of weak sales, Kmart Corp. came on the brink of a bankruptcy filing: Their problems stemmed from the possible exercise of $550 million of poison put bonds outstanding, which...
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...
brown pound n.— «The Shilpa show also highlighted the economic strength of Britain’s Asian community—not only as consumers but also as wealth creators. The strength of what is called the “brown pound” has become more important...