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paint the tape

paint the tape  v. phr.— «Tuesday’s closing prices were particularly important to money managers who report their performance based on quarterly figures, and suspicions of “painting the tape”—buying shares at the end of the day to drive up...

tight gas

tight gas  n.— «Shell has agreed to pay almost C$6bn ( £3bn) for a small Canadian gas company heavily involved in the production of difficult-to- exploit gas reserves. The price for Calgary-based Duvernay Oil, founded just seven years ago...

ill na na

ill na na  adj.—Gloss: very good. “Ill” is old-fashioned hip-hop slang meaning good or great, “na na” is a euphemism for the vagina. Note: Probably from a 1996 Foxy Brown album Ill Na Na. «If you are an existing...

half-pricing

half-pricing  n.— «Governor Timothy M. Kaine today issued an Executive Order to grant a temporary waiver allowing gasoline retailers to use the practice called half-pricing on older analog pumps which are technically unable to register a...

cover pricing

cover pricing  n.— «The four-year investigation—one of the OFT’s biggest—centred on a practice known as cover pricing, in which construction firms secretly agreed the prices they would submit during a tender process. A firm that did not...

pay-as-you-drive insurance

pay-as-you-drive insurance  n.— «A few years later, Edlin was serving on the President’s Council of Economic Advisers when he floated an idea that economists had long found attractive: pay-as-you-drive (PAYD) insurance. It seemed like an...

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