rumourtrage n.— «The latest market neologism is “rumourtrage,” which means disseminating a rumour and trading on it. The practice has been around since coconuts were first traded but the proliferation of hedge funds and, more...
go doughnuts v. phr.— «In bailing out Countrywide Financial, the Bank of America CEO might have spared the kind of worst-case meltdown the market has been fearing for months. “This was good for the financial system,” is how...
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...
retrovore n.— «The best moment at this market was when I found out I’m a retrovore. That’s a new word, invented today. One of the farmers we were chatting with said his kid said to him “Dad, if you didn’t raise animals the way you...
spin-out n.— «A “spin-out” from OLPC, the company, Pixel Qi is looking to create a $75 laptop and trying to advance low-cost computers and power-efficient laptops, mobile phones and other consumer electronics that are sunlight...
chatter n.— «The Scientific Games Corporation, which dominates the scratch-off market and counts states like Texas and Massachusetts as clients, advises lottery managers to increase jackpots to lure players.…“But like any ‘tool,’ an...