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ATM offering

ATM offering  n.— «UAL registered earlier this month to sell as much as $200 million through a dribble. “We believe this program provides more flexibility” than a traditional follow-on, said United spokeswoman Jean Medina. The...

cutaway

cutaway  n.— «According to a spokeswoman for the Marina Airport-based Skydive Monterey Bay, reports of a fallen skydiver this afternoon were triggered by the freefall of some equipment. The equipment, involved in a procedure known as a...

surface snorting

surface snorting  n.— «Scores of Sydneysiders woke to the sight of thick white smoke coming from a Collins-class submarine off Sydney’s northern beaches this morning, but their fears of a fire were unfounded—it was just the ageing sub’s...

no-shop period

no-shop period  n.— «Avaya has agreed to be bought out by Silver Lake and TPG Capital, two private equity firms with significant technology holdings, but analysts have said Avaya likely will be saddled with more debt by the deal...

sheet flow

sheet flow  n.— «Norfolk Public Works spokeswoman Sylvia Ballinger said Little Bay depends on a process called “sheet flow” for drainage. That means water flows off the streets into a grassy era. It’s a drainage method also...

looming

looming  n.— «The term for misjudging an oncoming train is “looming,” said Metrolink spokeswoman Denise Tyrrell, and it can have deadly consequences. “You can’t accurately judge the distance of train,” she said...