Texas ratio
n.— «In banking, distress can be gauged by comparing the amounts of delinquent loans and other nonperforming assets on the books against capital and loan-loss reserves—a measure known in the industry as a “Texas ratio.” A reading above 100% indicates that a bank is in danger of failing, and one above 50% suggests that it requires a capital infusion.» —“Meet NY’s wobbliest banks” by Aaron Eistein Crain’s New York Business Feb. 28, 2009. (source: Double-Tongued Dictionary)
Further reading
For rock climbers, skiers, and other outdoor enthusiasts, the word send has taken on a whole new meaning. You might cheer on a fellow snowboarder with Send it, bro! — and being sendy is a really great thing. Plus: a nostalgic trip to Willa...
On a busy day in the emergency room, Alisa of Dallas, Texas, told an efficient colleague that she was really humming, meaning it as a compliment. Her colleague took offense, maintaining that humming meant “smelly.” Since the 18th...