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skuke

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...

alli-oops

alli-oops  n.— «s a result of a nationwide campaign to sell GSK’s new weight-loss drug Alli, (AKA Orlistat, AKA Xenical), it quickly became the fastest selling over-the-counter weight-loss medication. […] But don’t let the scare...

synthetic short

synthetic short  n.— «At a time when traders would normally have shorted the stock as part of the trade, they’re instead bypassing the rising cost of doing so by assembling what are called “synthetic shorts.” In case you’re not familiar...

REO

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...

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