repo market n.— «Barb at 321Gold.com keeps track of Federal Reserve Bank Temporary Reserves, known as the repo market, which are merely the interaction between (theoretically) somebody who needs some very short-term money for some reason...
desking n.— «What’s known as desking software allows the dealer to compare programs against each other to find the best loan, depending on each customer’s credit application.» —“DealerTrack Network Smooths Auto Buying” by...
take a haircut v. phr.— «To account for the fact that the shares cannot be sold, FBR uses an accounting technique known as a “liquidity discount,” or, in the jargon of Wall Street, “taking a haircut.” Back to your...
straw buyer n.— «An illegal land flip is a two-part transaction involving the transfer of a piece of real estate that is sold to a straw buyer for the fair market value, and then resold to an end buyer at an inflated value, often using...
stoozer n.— «Become a “super tart” or “stoozer”!…I know someone who avoided paying interest on £50,000 of his home loan purely by stoozing!» —“Be A Winner In The 0% Game!” by Cliff...
budget dust n.— «The regulators should help pay the price by going to jail, having their salaries reduced, or both. This is another burden on the taxpayer. Everybody in Washington is to blame. This isn’t just budget dust, this is big...