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droga

droga  n.— «A year ago, Angelita Medina Albarran, 47, a garment worker at St. John Knits, took out two loans from Fremont Investment & Loan to cover the entire $600,000 purchase price for 919 W. Camile St., a 1,450-square-foot bungalow...

tape bomb

tape bomb  n.— «Wall Street traders like to call unexpected news events “tape bombs.” The terminology presumably dates back to the days when the physical flow of ticker tape delivered the latest ups and downs of stock price...

calor licitantis

calor licitantis  n.— «Confused, the team tried a larger sample—this time observing thousands of iPod auctions. In that case, 45 to 50% of eBay auctions exceeded the “buy it now” price, she says. Expanding the pool again, they...

wet firecracker

wet firecracker  n.— «For Charest, who is negotiating feverishly to bring his minority back from the brink of defeat in a budget vote on Friday, the report’s findings are welcome news. “This is what is called a wet...

cafeteria pricing

cafeteria pricing  n.— «However, there is a catch: a policy Diffenderffer refers to as “cafeteria” pricing. Skybus charges $5 for each checked piece of luggage. Like Southwest, flights are open seating, but you can pay $10 for...

front-run

front-run  v. phr.— «Prosecutors allege day traders would buy or sell shares in advance of anticipated price movements, generating more than $600,000 in profits between January 2002 and February 2004. Mahaffy said no one ever told him they...

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