cat funds “Cat” is short for “catastrophe.” «A ticking countdown to hurricane season will color Washington this week, when state officials overseeing these so-called “cat funds” will meet with lawmakers drafting the legislation. The timing is critical for several of these states, whose public funds are running on empty.» —“Fla. finds state allies in renewed push for federal hurricane insurance help” by Evan Lehmann New York Times April 21, 2009. (source: Double-Tongued Dictionary)

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