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algo  n.— «Powerful algorithms—“algos,” in industry parlance—execute millions of orders a second and scan dozens of public and private marketplaces simultaneously. They can spot trends before other investors can blink, changing orders and...


grassoline  n.— «The liquid—known as green gasoline—is the chemical equivalent of traditional gasoline, but cleaner and less expensive. According to its inventor, that means the green gas, also referred to as grassoline, has the potential...

hot money

hot money  n.— «Rather than simply wooing local customers, they have turned to out-of-state brokers who deliver billions of dollars in bulk deposits, widely known as “hot money,” from investors nationwide. In fast-growing regions like this...

Golden Parachutes

An employee who gets a great termination package is said to leave the company with a golden parachute. Where’d that term come from? This is part of a complete episode.