sell away v. phr.— «Lovegren persuaded clients to put money into his schemes, a practice called “selling away” in the brokerage industry. The investments amounted to little more than a Ponzi scheme in which no real investments are made, she said...
off plan adv.— «“Many of them buy off plan, because they’re fearless,” she added, referring to the custom of putting money down on apartments long before they are completed.» —“An Irish Taste for Real Estate in Manhattan” by Patrick McGeehan New...
have hair on them v. phr.— «Mountain Funding, for example, has responded to increased competition by seeking investments “with some degree of hair on them,” Nevid says. The company has found less competition in land development and construction...
have hair v. phr. (of a financial transaction or investment) to be less than ideal; to be risky; to have complications. Editorial Note: Two common meanings of “to have hair” well-covered elsewhere are “to be old” and “to be manly, robust, or...
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 to improve a bank’s...
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 Tomorrow” Chicago Tribune Oct. 20, 1968...