Money & Finance Slang, Jargon, and New Words from Double-Tongued Dictionary

Citations in the Category Money & Finance

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.

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thin file n. Even if you have not used credit much and therefore don’t have an extensive credit history, known in banking as a “thin file,” you could still qualify for a home mortgage. [English Money & Finance Jargon] [full cite] (Aug. 26, 2008)

thrillionaire n. The SpaceShipOne flight made him the best-known member of a growing club of high-tech thrillionaires, including the Amazon founder Jeff Bezos, who find themselves with money enough to fulfill their childhood fascination with space. [English Money & Finance] [full cite] (Jun. 14, 2005)

thrillionaire n. Thrillionaire Richard Garriott and a handful of others defied a court order and toured the wreckage of the Titanic last week. The 37-year-old Origin Systems co-founder paid a reported $65,000 for the trip. [English Money & Finance] [full cite] (Jul. 20, 2005)

Tobin tax n. James Tobin, an economist at Yale, issued a proposal in 1978 for what is sometimes known as the Tobin Tax.…"It is appropriate that the proceeds of an international tax be devoted to international purposes and be placed at the disposal of international institutions.” [ Language English Subject Money & Finance] [full cite] (Oct. 12, 2005)

top hat plan n. Many CEOs are at the same time receiving what are known as “supplemental executive retirement pensions,” often called “top hat” plans because they are reserved for a select group of managers who receive monster paychecks. [English Money & Finance Jargon] [full cite] (Apr. 12, 2006)

top hat plan n. Supplemental executive retirement plans (SERPs), or “top hat” plans as they are often referred to, were created decades ago to get around a government cap in pension payouts that affects managers earning more than $100,000 per year. With the cap in place, managers earning $500,000 receive the same pension payout as an employee with the same tenure earning just $100,000. The top hat plans allow highly paid execs to earn the same percentage of their income in their pension as lower-paid workers. But while regular worker pensions are tightly regulated and the cost of those plans must be disclosed on the company’s balance sheet, SERPs are largely unfunded—and any disclosure of the costs and benefits of the plans is still voluntary. [English Money & Finance] [full cite] (Jul. 15, 2007)

tote a note v. phr. A house note dealer is a car dealer who doesn’t go through a bank or credit bureau when he sells a car. Rather, he “totes the note” himself. [English Automobiles & Transportation Money & Finance] [full cite] (Aug. 20, 2007)

tote the note v. phr. He did not really want to own a football team, although the prospect of owning the Dallas Cowboys, a team that commanded some of his loyalty but considerably less than his beloved Texas Aggies, was intriguing. He was content to stand back and let Henry S. Miller and W.O. Bankston, two of Dallas” heaviest financial hitters, tote the note. [English Money & Finance] [full cite] (Aug. 20, 2007)

tote the note v. phr. Fred Smith, founder and chief executive officer of Memphis-based Federal Express, is the name that comes to everyone’s lips when asked what advantage the city has in the race for an NFL expansion team. “Fred has said, ‘I’ll tote the note,’” Cooley says. Frankly, I don’t think anyone in Jacksonville has that kind of whip-out.” [English Money & Finance] [full cite] (Aug. 20, 2007)

tote-a-note v. phr. Shumaker said he and Mr. Souders sold their new-car dealerships in the mid-1980s and focused on their “very affordable” used-car lots. He said they were the first in Wichita—and possibly the state—to offer “tote-a-note” financing, but it worked. [English Automobiles & Transportation Money & Finance] [full cite] (Aug. 20, 2007)

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