RDP n.— «How about RDP? The term means, “Re-use Domestic Products,” the total sum of money spent on buying used goods. Most likely, the Japanese came up with the term, which cannot be found in dictionaries, for Japanese...
triple witching n.— «August individual equity options and some options on stock indexes stop trading at Friday’s close, which is commonly referred to as triple witching.» —“Stocks Set to Fall Amid High Oil Price” by Rachel...
double-witching n.— «One factor in the day’s buying may be related to Friday’s “double-witching” session, Wall Street’s term for the session when stock index options and stock futures contracts expire on the same day. This...
spange v.— «To spange: Shorthand street talk for that often-heard phrase, “Spare change?” says The Denver Post. Spangers have made it into a verb.» —“Social Studies” by Michael Kesterton Globe and...
monoline n.— «The Fed defines a “large” credit card bank as a federally insured financial institution with assets in excess of $200 million, and the bulk of those assets in consumer lending with at least 90% of loans...
puff stock n.— «In the 1960’s, Mr. Fadem said, Wall Street saw many “puff stocks,” which he defined as newly minted public offerings sold by issuers as “a fairy tale long on potential and rosy future earnings estimates...