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full-pay

full-pay  n.— «Many colleges discount tuition an average of 30 to 40 percent. Still, by offering even a relatively small cut, colleges get students who pay a hefty price. “The full-pays are few and far between,” said Greg Eichhorn, the...

double cropping

double cropping  n.— «Sardi said the Edcon deal, which was concluded last year when Bain bought the retailer for R25bn, remained SA’s biggest private equity transaction. But, said Sardi, the debt on the Edcon deal was trading at a...

bottom fisher

bottom fisher  n.— «Some of the new capital comes from what are called “bottom fishers”—investors who are willing to buy some of the dicey IOUs from banks at a healthy discount.» —“Is It Over?” by Irwin M...

bottom currency

bottom currency  n.— «If she were to pay for all her transport, food and accommodation expenses when she is away from home, she would make very little profit. So to boost her profit margins, she pays using what is known as “bottom...

most-favored-nations clause

most-favored-nations clause  n.— «Both the Allison and First Data offerings included what amounts to a buyer’s protection plan against further price cuts on the loans. Under what is known as a most-favored-nations clause, if the banks sell...

oops paint

oops paint n. house paint sold at a discount because it is deemed of low quality or unsatisfactory color, has been returned by a previous customer, or was specially mixed but never sold. (source: Double-Tongued Dictionary)