In the thriller Down Cemetery Road starring Emma Thompson, a character uses the Briticism safe as houses, meaning “quite safe,” an expression thought to derive either from the sturdiness of a house or the sense of real estate as a secure investment...
A caller originally from South Florida grew up calling the screened-in patio area behind her house a lanai, but now that she lives in Indianapolis, she hears this structure called breezeway. The word lanai originated in Hawaii, and may have been...
skuke n.— «In this little town on the south coast, people like me — summer folk — are known as skukes. I’ve never met anyone who knows the real derivation of the term, but it’s not a compliment. Skukes are annoying because...
regrat v.— «Grantor-retained annuity trusts, or GRATs, let a person avoid a gift tax when giving money earned on hedge funds, private equity, real estate, stocks and other assets. […] Market shocks that started last year threaten...
REO n.— «R.E.O. is industry lingo for “Real Estate Owned,” the term that bankers assign to homes they have taken in a foreclosure. Reomac is the industry group that serves the mortgage default trade, specializing in selling the busted-up...

