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Call for Tender

What does it mean to call for tender? This British phrase for soliciting a job is rarely seen in the United States, though tender, from the Latin for “to stretch or hold forth,” is used in North America in two different senses: “to...

have it large

have it large  v. phr.— «I know that isn’t what US Dollar buyers want to hear but I am doing my best to forewarn you. However, US Dollar sellers are “having it large” as they say in all the best hoodie gangs.» —“Halo...

dry powder

dry powder  n.—Gloss: Capital readily available for investment. «Capital available for secondary deals—what the industry calls dry powder—is about $12 to $15 billion, said Small, whose company manages some $4.2 billion of secondaries...