Howdy and happy new year! It's another newsletter from "A Way with Words." Last week there was no newsletter as we celebrated the new year by hauling our dictionaries out of the low-hanging winter sun. We wish they were...
marked to make believe adj.— «For example, a financial asset traded on multiple exchanges might be considered a Level 1 market. At the other end of the spectrum, “Level 3,” no ready market exists to value assets or liabilities. A...
Hello, everybody! Welcome to another newsletter from the A Way with Words crew. Grant is hunkered down in 17-degree weather in New York, Martha is hang-gliding in the Sierras, and the quiz guys aren't sure how to leave the house, even if...
supermajor n.— «Only 10 years after “supermajor” entered the oil industry’s lexicon, the term is already showing its age. At the end of 2000, once the oil industry’s mega-mergers were completed, the combined market capitalisation of...
marked to myth adj.— «For example, a financial asset traded on multiple exchanges might be considered a Level 1 market. At the other end of the spectrum, “Level 3,” no ready market exists to value assets or liabilities. A reporting unit...