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revolver

revolver  n.— «They also have an $80 million revolving line of credit (the industry calls this a “revolver”) that is undrawn.» —“Petrobank Energy – Company Report by Keith Schaefer, www.oilandgas-investments.com” by...

REO

REO  n.— «R.E.O. is industry lingo for “Real Estate Owned,” the term that bankers assign to homes they have taken in a foreclosure. Reomac is the industry group that serves the mortgage default trade, specializing in selling the busted-up...

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...

center-of-the-plate cost

center-of-the-plate cost  n.— «Because whole grains offer long-lasting satisfaction, they offset what the hospitality industry calls “center-of-the-plate costs”—the expensive, high-protein foods, often rich in saturated fats, that are...

Apatown

Apatown  n.— «It sounds like fun and games—the boozy, all-woman answer to those close-knit gangs of Hollywood boy-men captured on screen in “Entourage” and embodied by the real-life Apatown, the industry moniker for filmmaker Judd Apatow’s...

backyard syndrome

backyard syndrome  n.— «The early-March snowstorm that creamed the Eastern seaboard largely missed Vermont’s big skiing areas. But resort operators were delighted nevertheless, because the storm whetted the appetite of all those coastal...

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