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funemployment

funemployment  n.— «What most people would call unemployment, Van Gorkom embraced as “funemployment.” While millions of Americans struggle to find work as they face foreclosures and bankruptcy, others have found a silver lining...

banky

banky  n.— «Shad aren’t native to the Pacific Coast. They were introduced into the Sacramento River in the 1800s and spread north into the Umpqua, then Columbia river systems. At Oregon City, they collect in the swift water below the falls...

Honkers and Shankers

Honkers and Shankers  n.— «HSBC shares are one of the largest components of the FTSE 100 Index. In traditional City jargon the bank is known as “Honkers and Shankers.”» —“est Employer to Work for Award” by...

tarp

tarp  v.— Note: From TARP, the Troubled Assets Relief Program, intended to aid American financial institutions in jeopardy. «Bank of America has been “tarped” (a new verb), like AIG, but not as much. Only $45 billion was handed...

bank walkaway

bank walkaway  n.— «Banks are quietly declining to take possession of properties at the end of the foreclosure process, most often because the cost of the ordeal—from legal fees to maintenance—exceeds the diminishing value of the real...

raycation

raycation  n.— «We’ve grown used to the word “staycation” but what about a “raycation”? That’s the term Huntingdon County is looking to bank on. The term was coined by the county’s visitors bureau. The county’s...

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