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late train

late train  n.— «All aboard! Houston Mayor Lee Brown’s late train chugs out on Feb. 3 at the Westin Galleria Hotel. It’s a fund-raiser for Brown’s campaign. Anyone who didn’t contribute the maximum amount to Brown’s coffers can curry...

switched on

switched on  adj.— «“Sgt. Turner embodied what we in 1st Sqdn., 32nd CAV refer to as being ‘switched on’,” said Lt. Col. Arthur Kandarian, commander, 1st Sqdn., 32nd CAV. “He understood why we are here, he understood why our...

BOG

BOG  n.— «That group which included Ressam became known in the halls of CSIS as B.O.G., an acronym for “Bunch of Guys”—a group of seemingly hapless petty criminals full of bravado and anti-Western views, but not much else...

mezz

mezz  n.— «The group provides what is called mezzanine finance (or mezz in finance industry parlance), a mixture of debt and equity. It earns high interest on the debt part and gets an option on an equity stake which it can cash in when...

mezzanine finance

mezzanine finance  n.— «The group provides what is called mezzanine finance (or mezz in finance industry parlance), a mixture of debt and equity. It earns high interest on the debt part and gets an option on an equity stake which it can...

shark attack

shark attack  n.— «Arcelor might have bitten off more than it can chew in its attempt to defend itself from Mittal Steel. It is buying a controlling stake in Severstal for E13bn in Arcelor shares. This might create an entity larger than...