pre-baked adj.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also offers...
stapled financing n.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also...
jet people n.pl.— «By and large, the “jet people” phenomenon is well-orchestrated. Though some of the asylum seekers have made it to JFK on their own, most, particularly those from China, India, and Pakistan, rely on...
auroral chorus n. chirps, whistles, and quasi-musical sounds created by the electromagnetic effects of auroras in very low broadcast frequencies. Editorial Note: A similar phenomenon is the dawn chorus. Examples of the both can be heard here...
cliff risk n.— «CDOs-squared are often referred to as being subject to the so-called “cliff” risk, a phenomenon where the tranche gets wiped out quickly once losses reach it.» —“CDOs-Squared Demystified” by...
slivercasting n.— «Perhaps more interesting—and, arguably, more important—are the thousands of producers whose programming would never make it into prime time but who have very dedicated small audiences. It’s a phenomenon that could be...