IOU nothing money n.— «They’re trying now to establish a single currency in Europe. I don’t mind that so much, if Europe wants it, but this present world-wide fiat paper money—what I call “IOU nothing” money—is going to break down. We’re...
gamma scalping n.— «Gamma scalping, when done correctly, allows traders to profit from small daily movements in the underlying stock. This scalping pays for the decay while the investor waits for a large movement in the underlying...
snackluck n.— «Twenty-five dollars seemed like a lot of fucking money, considering the refreshments were potluck (“snackluck,” as it was called), the decorations were simply mattresses and pillows, and the organization not-for...
circuit-breaker law n.— «The circuit-breaker law calls for 75 percent state reimbursement of the amount of money it costs to educate a student minus the $29,320. For example, subtracting the $29,320 from a total cost of $100,000 means the...
circuit breaker n.— «I do qualify for the circuit breaker—or as I call it, rent refund program. This state program provides refunds to primarily property taxpayers, if their taxes exceed a certain percentage of income; however, the other...
gifting power n.— «Allowing the people who watch over you to withdraw money for themselves—often called “gifting powers”—could be dangerous and needs to be discussed at length with your lawyer. Also, federal laws have changed and could...