take under
n.— «The rumor turned out to be wrong, as rumors often do. But this one even had an exact price: Lehman would be sold for $15 a share, traders buzzed all afternoon, in what would amount to a “take under”—Wall Street parlance for when a company sells itself for less than its market value.» —“Psst! Hear the Rumor of the Day?” by Andrew Ross Sorkin New York Times July 8, 2008. (source: Double-Tongued Dictionary)
Further reading
What kind of book do people ask for most often in prison? Romance novels? No. The Bible? No. The most requested books by far are … dictionaries! A number of volunteer organizations gather and distribute used dictionaries to help inmates with...
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...