tank farm n.— «Molokai has just one distribution facility—Island Petroleum. This ‘tank farm’ as it is called, serves as the only storage facility for the entire island. Three types of gasoline—premium, midgrade and regular, as well as two types of...
enter runoff v. phr.— «It looks like some insurers will “enter runoff,” that is, do no new business and instead collect their premiums as the bonds they insure mature.» —“Ambac, MBIA Finally Have Their ’Peggy Lee Moment'” by Joe Mysak Bloomberg...
freemium adj.— «Integrated with IGA’s proprietary SDK, it is the first title in the company’s “freemium category,” offering premium gaming experiences for free thanks to integrated advertising.» —“IGA And ID Team For Free, Web-Based Quake...
flexting n.— «Almost £1 per text? Surely that includes the type of flirting that takes place through premium “flirt” lines, advertised late at night.) In other words, we are spending nearly £3bn a year “flexting.”» —“The Weekly Round-Up: 19.10...
mini-med n.— «There, employers with less than 25 workers—and at least half of those workers earning less than $41,000—can offer what some insurers call a “mini-med” plan. Premiums can come in at less than $100 per month.» —“Healthcare coverage for...
lock-off n.— «The price for a one-bedroom “premium” villa is less than I expect: $16,900 per week, plus several hundred more in maintenance fees. Margarita recommends, however, the “two-bedroom lock-off”—a unit that can be divided into two—for...
