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Life in the 1500s

If you get an email called “Life in the 1500s,” hit delete! Grant explains that the etymology provided is not entirely accurate. That’s what this show is for. Also, if you’re getting an email that says “Free Money...

reservation shopping

reservation shopping  n.— «The bill, H.R. 4893, introduced by Rep. Richard Pombo, R-Tracy, sought to end the practice of “reservation shopping,” in which a tribe seeks to have land placed in trust, the same legal category as a...

waterfall structure

waterfall structure  n.— «A single trust might be further sliced and diced to create different derivative securities, each one subordinated to the next in terms of the claim on cash flow. In the event of a default, the highest-rated—and...

trust fall

trust fall  n.— «I can’t tell you how many times I’ve attended an orientation or team-building activity and been forced to play the same game. You’ve all done it, too: Commonly known as the “trust fall,” participants are...

sky trust

sky trust  n.— «Carbon capping comes in three varieties: cap-and-trade, cap-and-auction, and cap-and-recycle.…In cap-and-recycle, permits are also sold, not given away free. However, the revenue doesn’t go to the government—it goes...

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