zombie company
n.— «A new phrase, “zombie companies,” was coined to describe those companies kept alive by banks even though they were insolvent. Some were property companies the value of whose assets had fallen by more than 30 per cent and with clearly no ability to repay their debts. Yet there was a reluctance to call in the loans.» —“Japan set for another plunge on economic rollercoaster” Irish Times (Dublin, Ireland) Jan. 16, 2009. (source: Double-Tongued Dictionary)
Further reading
If you like to use emojis, you have some 3800 to choose from—and the organization that approves them is about to announce even more. But do we really need a purple splatter emoji? Or one that looks like Sasquatch? Plus: If you’re retired in the US...
A documentary film called My Beautiful Stutter follows youngsters at a summer camp specifically for stutterers. It’s a place for finding acceptance, support, and confidence for navigating the larger world. And:, “The High Priestess of...