high water mark n.— «Finally, most hedge funds have something called a high water mark. It requires hedge fund managers to make investors whole before they can start collecting their 20 percent of the profits—regardless of how long that...
strip-and-flip v. phr.— «Typically, in a buyout situation like this, the new owners follow some variation on what has come to be called the strip-and-flip script. They proceed to gin up profits at their new holding by any means necessary...
zombie n.— «Investments which last for much longer than the five-year standard nowadays often go one of two ways: either the company is killed off by the weight of its borrowings or it becomes what is known as a “zombie”—a business that...
trash ‘n’ cash n.— «It is feared that short-sellers—investors who use falling share prices to make money—were deliberately spooking the market in order to profit from plunging stocks in a practice called trash ‘n’ cash...
spreader n.— «Another trader sounded more sanguine: “Big orders executed in a rapid fashion, coupled with spreaders there to help absorb some of the volatility, creates extreme swings.” A spreader is someone who simultaneously...
umbrella film n.— «Traditionally blockbuster and sequel films, or as they are called in the industry “umbrella films,” are planned to make the majority of profit for a company. These films are usually released during summer...