zirp
n.— «The United States is repeating a Japanese experiment with a zero in one of the most important variables in financial markets: the official overnight interest rate. The so-called zirp, an acronym for zero interest-rate policy, is combined with a nearly infinite quantity of government borrowing. The government is expected to try to stimulate the economy, which is well into what looks like a bad recession, with as much as $850 billion of new debt.» —“A Clever Move by Credit Suisse” by Rob Cox, Edward Hadas New York Times Dec. 18, 2008. (source: Double-Tongued Dictionary)
Further reading
The expression to run the traps means “to perform due diligence” or “solicit a wide variety of opinions” or “investigate every angle thoroughly.” This metaphor derives from the literal sense of running the traps, which refers to hunting and fishing...
In Japanese, the word san (さん) means “three” and kyuu (きゅう) means “nine.” Said together, the words sound like English “thank you,” so back in the 1990s, when pagers were all the rage among Japanese teens, typing 999 was a quick way to punningly...