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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wearaway n. There has been a constant battle over freezing some older workers pension benefits since IBM ran afoul of its senior workers in 1999. That fight may be over as the U.S. Treasury has now issued a ruling that determined that no foul is committed when employers give pension options that delays what is known as “wearaway” (the effects of a freeze), but doesn’t eliminate it. [English Government Money & Finance Jargon] [full cite] (Feb. 10, 2008)

welcome improver n. The lawsuit charges that through three reassessments, the former town assessor, Kathlyn Stanley, illegally raised her taxes to a level far above that of similar properties. It also charges that the town retaliated against her for challenging assessments. The suit says the town engaged in a practice sometimes called “welcome stranger” or “welcome improver,” targeting homes with new owners or that have been improved while leaving the assessments of similar homes unchanged. [English Government Houses & Housing Money & Finance] [full cite] (Dec. 21, 2008)

welcome stranger n. The lawsuit charges that through three reassessments, the former town assessor, Kathlyn Stanley, illegally raised her taxes to a level far above that of similar properties. It also charges that the town retaliated against her for challenging assessments. The suit says the town engaged in a practice sometimes called “welcome stranger” or “welcome improver,” targeting homes with new owners or that have been improved while leaving the assessments of similar homes unchanged. [English Government Houses & Housing Money & Finance] [full cite] (Dec. 26, 2008)

welfare wall n. Flaherty’s target is a situation often called “the welfare wall.” As a result of increased taxes and reduced income support from government programs, a typical single parent with one child who takes a low-income job can lose almost 80 cents of each dollar earned, according to a policy paper the finance minister released in November. In addition, the parent could also lose benefits such as subsidized housing and prescription drugs while at the same time being weighed down with new expenses arising from his or her job, the paper noted. “There are situations where somebody receiving social benefits will go to work and the net benefit for them will be $1.08 an hour.” [English Money & Finance] [full cite] (Mar. 1, 2007)

wheel tax n. The money for the dust control came from the local option highway users tax, commonly known as the “wheel tax.” [ Language English Subject Automobiles & Transportation Money & Finance] [full cite] (Jan. 1, 2006)

wheeling n. Political bosses also wield power by transferring money from county organization to county organization, often in the closing weeks of a campaign, to help get their candidates elected. Although Mr. Codey has talked a good game about ending this practice—commonly referred to as “wheeling”—don’t hold your breath. [English Money & Finance Politics] [full cite] (Apr. 10, 2005)

wheeling n. Handlin has said she would not institute pay-to-play reforms at the county level until the state bans wheeling, a commonly used term for when a political party in one county legally sends campaign money to a political organization in another county.…Handlin…compared wheeling to an offshore bank account where the deposited funds are virtually untraceable. [English Money & Finance Politics] [full cite] (Apr. 10, 2005)

wheeling n. In fact, he is a beneficiary of a process that allows party leaders to amass hefty contributions and then transfer, or “wheel,” the funds directly to a candidate’s campaign account.…Campaign watchdogs and other critics point to a troubling underside to wheeling. These flurries of transfers—often done in the final days of a campaign—allow wily donors to evade campaign contribution limits, they say. [English Money & Finance Politics] [full cite] (Apr. 10, 2005)

wheeling n. The best bill in the whole bunch is A-1660, a comprehensive measure the Senate passed last year. It covers all levels of government and eliminates the back-channel practice known as “wheeling,” which lets contributors skirt limits as counties transfer money back and forth. [English Money & Finance Politics] [full cite] (Apr. 10, 2005)

wheeling n. Kean and Lance said the Democratic proposals don’t address the practice of “wheeling” whereby contributors “launder” contributions by making them to a different county political organization, which in turn donate the money to the contributor’s county organization. [English Money & Finance Politics] [full cite] (Apr. 10, 2005)

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