Trevor in Austin, Texas, notes that when his young son was talking about drawing a cat, but erasing part of it, the boy used the term deleting rather than erasing. Should he correct his son, or is this a natural evolution of language in the digital...
Sneaky contract lingo, advice for writing well, and preserving a dying language. Say you’re scrolling through an online transaction where you’re asked to read the “Terms and Conditions.” Do you actually read them or just check the...
When you get to the stage of an online transaction where you’re asked to read the “Terms and Conditions,” do you actually read them? Or do you just check the box and move on? A London security firm once offered free use of a WiFi...
U-turn transaction n.— «Iranian banks and other institutions could previously send transactions through US banks as long as they were initiated by a non-Iranian or American bank outside the US and ended in a non- Iranian or American bank...
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...
repo n.— «Regulators also are monitoring repurchase agreements, also known as repos, which banks use for short-term financing. In a common arrangement known as tri-party repo, one bank lends money to another bank, which offers securities...
