Home » Dictionary » monoline

monoline

monoline
 n.— «The Fed defines a “large” credit card bank as a federally insured financial institution with assets in excess of $200 million, and the bulk of those assets in consumer lending with at least 90% of loans originated using credit cards or related products. In banking parlance, these institutions are known as “monolines.”» —“Credit Card Banks Continue to Post Profits” Green Sheet (Rohnert Park, California) July 2, 2004. (source: Double-Tongued Dictionary)

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

Further reading

Excuse the Hogs (episode #1596)

When a teenager went a week without talking as part of a school project, he noticed a surprising side effect: Instead of rehearsing a response to...

Word Hoard (episode #1593)

Ever wonder what medieval England looked and sounded like? In Old English, the word hord meant “treasure” and your wordhord was the...

In the Ballpark (episode #1608)

Novelist Charles Dickens and the musician Prince were very different types of artists, but they also had a lot in common. A new book chronicling...