double cropping n.— «Sardi said the Edcon deal, which was concluded last year when Bain bought the retailer for R25bn, remained SA’s biggest private equity transaction. But, said Sardi, the debt on the Edcon deal was trading at a significant...
pian-a-thon n.—Gloss: a marathon session of piano-playing, usually as a celebration or fund-raiser. «Enthused by the Department of Music’s recent purchase of 32 Steinway pianos and its designation as an all-Steinway school, they’ll perform for 32...
head-knocker n.— «The man who arranged Moore’s murder was most probably Joseph Neville Cox, the secretary of the Orlando chapter of the Ku Klux Klan, who organized a handful of Klan “head-knockers,” as they were called, arranged to purchase...
in-and-out n.— «If the court upholds Mayrand’s decision, the party could be forced to list the cost of the advertising under its national campaign, pushing it over its allowed expense limit, in violation of the Elections Act. “The need for such...
scratch and dent loan n.— «A company that invests in high-yield real estate debt is looking to buy loans that have been “kicked out” of commercial MBS deals. Midwest Equities of St. Louis has initially allotted $50 million for the purchase of...
droga n.— «A year ago, Angelita Medina Albarran, 47, a garment worker at St. John Knits, took out two loans from Fremont Investment & Loan to cover the entire $600,000 purchase price for 919 W. Camile St., a 1,450-square-foot bungalow. Her five...