Gripple n.—Gloss: a Wall Street term for Google, Research in Motion, and Apple together. «Gripple is Wall Street argot for Google, Research in Motion and Apple. The concept is they are really one stock, interchangeable as to valuation and...
gub v.— «A “gubbing,” in Betfair Forum parlance, is when a horse gets turned over at short prices on the in-running markets. Horses get “gubbed” all the time on the win markets, Flat and jumps, including at the...
market for lemons n.— Note: Coined by George Akerlof, who won a Nobel Prize in Economics for the paper he wrote that popularized the term. «Indeed, it would seem that a “market for lemons” is rapidly developing in credit...
Londongrad n.— «The world remains in love with all things English, not least of all London, affectionately known as “Londongrad” by our Russian admirers.» —“London property market: London eye” by Lulu...
insiderization n.— «In 1982, Kenichi Ohmae wrote The Mind of the Strategist. He came with his signature buzzword called “insiderization.”…Ohmae, who, according to the Financial Times is Japan’s only management guru, describes...
break the buck v. phr.— «He thinks it’s unlikely the companies running money market funds would allow them to “break the buck,” as it’s known in Wall Street parlance even if the funds lost money on SIV-related investments. The...