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...
peachalorum n.— «In comes a regular honeycooler. Say, de minute I git my lamps on her I knows it was all over wid Ag an’ all de rest of my daisies. She was one, two, t’ree. De rest of ‘em was also rans. “Sally,” laughs de old...
door buster n.— «Chrysler Motors’ 2.4 annual percentage rate financing is a REAL blockbuster. And it’s a door buster, too, according to reports from Chrysler/ Plymouth and Dodge dealers nationwide. “We almost couldn’t handle the...