take under n.— «The rumor turned out to be wrong, as rumors often do. But this one even had an exact price: Lehman would be sold for $15 a share, traders buzzed all afternoon, in what would amount to a “take under”—Wall Street parlance...
haji stove n.— Note: Related to haji and haji mart. «The chai itself is usually green, but sometimes will be black. It is made by putting the tea leaves in the pot and boiling the water, often on a burner sitting directly atop a propane...
secular adj.— «In Wall Street parlance, a very long period of falling or, at best, sideways-moving stock prices is termed a “secular” bear market. And there have been some doozies in relatively recent U.S. history...
commuter trip n.— «The reason Wyatt has only heard about being on the road is that since he joined the Chiefs, on June 7, the only road games they’ve played have been commuter trips to Quad Cities and Burlington. In baseball parlance, a...
cross-shopping n.— «With more car dealers out there now than ever before, consumers also now have more leverage. It’s a common consumer tactic to play two car dealers off each other, or in auto dealer parlance, “cross...
rack inversion n.— «Independent station owners have been paying higher wholesale prices for gasoline than branded dealers—a situation known in industry parlance as a “rack inversion.”» —“Pump pain hits independents” by...