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flight to cash

flight to cash n. a sudden widespread selling of investments, or their rapid conversion from illiquid to liquid, in anticipation or belief of an unfavorable or unsafe market; a sudden widespread withdrawal of bank deposits. Editorial Note: A...

wear-away

wear-away  n.— «The act would eliminate the uncertainty by making it clear that cash-balance plans don’t violate federal laws against age discrimination, Klein says. The measure also bars companies from freezing older workers’ benefits...

repartment

repartment  n.— «The new buzz word is “repartment,” or the process of either converting condominiums to apartments or keeping apartments bought for conversion as apartments.» —“Higher Rates to Crimp...

presidentiable

presidentiable n. a candidate for presidency. Etymological Note: The noun form of the word is probably separately derived in France and the Philippines from the adjective presidentiable ‘capable of being president.’ Such an adjective-to-noun...

paleoconservative

paleoconservative  n.— «Scenes like the “High Society Cake Walk” production number and FDR’s spat with his haughty paleoconservative mother after his conversion to Eleanor’s liberal way of thinking provoked spontaneous applause...

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