alligator economics n.— «One reason why the wage-earning middle class increasingly can’t afford California is that wages, adjusted for inflation, have been stagnant for two decades. In the same time, the percentage of income needed to pay...
alpha n.— «What, exactly, do investors think they are buying when they hire investment managers such as hedge fund general partners? They would probably say something like “the ability to outperform the market”. In...
HNWI n. high net worth individual. (source: Double-Tongued Dictionary)
HNWI n.— «With that equity base and his own maverick image, Hawkins began lending to develop the Equiticorp finance company—just as he had done with CBA Finance. However, instead of rural loans Hawkins chased HNWI’s—high-net-worth...
noisy withdrawal n.— «“Noisy withdrawal”—where lawyers are required if necessary to resign with notice to the SEC where there has been a serious breach of securities law.» —“Let me in, I’m a lawyer” by Jon...
sub-penny quoting n. the practice of offering a decimal of a cent higher than a stock’s asking price or another buy order. Also sub-penny pricing, sub-penny trading. (source: Double-Tongued Dictionary)