good bank/bad bank n.— «American International Group (AIG): NY Posts reports that AIG is considering forming a separate company to hold billions in securities that have dogged its balance sheet for the past several quarters. According to...
PILOT n.— «The companies—including behemoths like JPMorgan Chase, Pfizer and NBC—have paid a fraction of their normal property tax bill for years through these little-known deals, commonly called PILOTs (Payments in Lieu of Taxes)...