Personal finance, insurance, financial markets, investments, banking, checking accounts, loans, mortgages, stocks, bonds, Wall Street, trading, hedge funds, money markets, exchange rates, mutal funds. You can also see entries assigned to this category.
spave v. My oldest daughter’s friend Polly calls bargain hunting “spaving,” which she defines as “spending to save… because while you are spending money, you’re actually saving on the full price.” I like the word and even the thought behind it, but even Polly had to admit that she’d rather “spave” her money buying soda and candy—something she’ll use—than a case of motor oil, which she won’t. [EnglishMoney & FinanceSlang] [full cite] (Mar. 26, 2007)
spaving v. When someone tells me that yet another thing they bought was so cheap that they just had to buy it (also known as spaving) I have to roll my eyes. [EnglishMoney & FinanceSlang] [full cite] (Mar. 22, 2007)
speed money n. They feel that such reporting is futile since police would not make the GD entry of a case without bribe or would investigate such a case only on payment of ‘speed money’ which is another name for bribes. [ LanguageEnglish SubjectMoney & FinanceBangladesh] [full cite] (Oct. 25, 2005)
speed money n. Another term widely used at border crossings is “expediting fee.” For a euphemism it is surprisingly accurate: paying it will keep your bags, and perhaps your contraband, from being dumped onto a floor and sifted through at a leisurely pace. (A related term, used in India, is “speed money”: paying it can get essential business permits issued considerably faster.) [EnglishIndiaMoney & FinanceEuphemism] [full cite] (Dec. 20, 2006)
spinning n. Handing out chunky pieces of a hot IPO has led to trouble in other markets. Several years ago, U.S. regulators cracked down on a practice known as spinning, in which investment banks steered hot IPO shares to preferred clients in hopes of winning lucrative advisory work from those clients. [EnglishMoney & FinanceJargon] [full cite] (Jun. 2, 2006)
spinster equity n. In approving the recapitalization plan, Cinram’s board said an equity raise, the degree of foreign ownership and the issuance of securities commonly referred to as “bachelor bonds” and “spinster equity” would all have to be addressed. [ LanguageEnglish SubjectMoney & Finance] [full cite] (Nov. 4, 2005)
splurge n. Tom Brokaw asked Hank Paulson on Meet The Press…what rules should be put in place for the splurge (that’s my new favorite term for the wall street bailout). [EnglishMoney & Finance] [full cite] (Oct. 1, 2008)
spreader n. Another trader sounded more sanguine: “Big orders executed in a rapid fashion, coupled with spreaders there to help absorb some of the volatility, creates extreme swings.” A spreader is someone who simultaneously buys and sells two different futures contracts, seeking to profit on a change in the difference in price. [EnglishMoney & FinanceJargon] [full cite] (Mar. 3, 2008)
springloading n. He has wandered into the tumult about how some companies dated the stock options granted top managers as part of managers’ compensation.…What the SEC commissioner defended, however, is the practice known as “springloading,” a term Atkins said possessed an “ominous ring.” That’s when a company purposely schedules a grant ahead of good news or postpones one before it has to release bad news. The goal is maximize the value of the options for recipients. [EnglishMoney & FinanceJargon] [full cite] (Jul. 11, 2006)
Squanderville n. Investment guru Warren Buffet, one of the world’s richest men, has taken to calling America “Squanderville” for the way Americans have transformed wealth into liability. [EnglishMoney & Finance] [full cite] (Sep. 22, 2005)