bear squeeze n.— «Their view was that QXL was overvalued. However, the bears got it badly wrong and shares in the online auctioneer simply held their ground. When it was time for the raiders to close their positions, they found stock was...
Mart Brothers n.pl. the American retail store chains Wal-Mart and K-Mart. Editorial Note: This term is ironically jocular through comparison to local stores that tend to be named after their owners and in contrast to the two retailers’—especially...
chiefing n.— «Among coastal Indian tribes, who depend upon tourism, it is not uncommon to see them dressed as Plains Indians with full feathered headdresses and other outfits that were never their custom. It is a practice known as...
monoline n. a company specializing in a single type of financial business, such as credit cards, home mortgages, or a sole class of insurance. Editorial Note: Monolines are often required by government regulation rather than by market conditions...
reward car n.— «Our feeling is that Boomers are still in the market for a reward car and there will be a long, stable market for convertibles.» —“Automakers play ‘can you top this?’ Convertibles still stir competitive...
area boy n.— «Sporadic riots continued for several days, especially in the big Idumota market on the central island of Lagos, where local thugs known as “area boys’” sought to extort protection money from traders...