n.— «A growing number of hedge funds are trying to slow the exodus, because that could force them to dump investments into already shaky markets. They are temporarily preventing clients from withdrawing a lot of money at once, a practice known as gating.» —“Fleeing Investors Put a Strain on Funds” by Geraldine Fabrikant New York Times Dec. 14, 2008. (source: Double-Tongued Dictionary)

Tagged with →  

This site uses Akismet to reduce spam. Learn how your comment data is processed.