Cashtration (cash + castration)
"Cashtration" or "cashstration" (cash + castration) is a jocular portmanteau term that combines money (or the lack of it) and impotence. The term "cashtration"…
"Cashtration" or "cashstration" (cash + castration) is a jocular portmanteau term that combines money (or the lack of it) and impotence. The term "cashtration"…
The Bank for International Settlements (BIS), located in Basel, Switzerland, was formed in 1930 to facilitate the transfer of reparations from the World War. The BIS is not accountable to any…
"Chaircreature" was a character in the television science fiction series, The Tomorrow People (1979). The creature chaired the Galactic Federation. Chairmen (and chairwomen) have been…
The Chairman of the Board of Governors of the Federal Reserve System has been called the "Fed Chairman" and "Fed Chief." The blog Zero Hedge on February 3, 2011 used…
Collateralized debt obligations (CDOs) became so toxic that by August 2007 Ian Kerr dubbed them "Chernobyl death obligations" (after the 1986 Chernobyl nuclear reactor disaster). The CDO…
"Chump change" is a small and/or insignificant mount of money -- the money a "chump" makes, not a "champ." "Chump change" was printed in the Philadelphia…
"Churning" occurs when a broker executes many trades on an investment account; the trades are not necessarily in the best interests of the investor (the client), but the trades are in the…
Citigroup Inc. is one of the largest banks in the world, but it required a federal bailout in 2008-2009 to survive. When the company's website went down in February 2009, website users…
A "clowngrade" (clown + downgrade/upgrade) is a foolish downgrade or upgrade made by a financial analyst. The term was coined by Joshua M. Brown on The Reformed Broker blog on February…
The Consumer News and Business Channel was launched on April 17, 1989; in 1991, the name was shortened to "CNBC." The nickname "CNBS" has been used since at least 2007 by those…
"Coinstipated" or "coinstapated" (coin + constipated) has several definitions. "Coinstipated" was cited in print in 2008. "Coinstipated: The result of swallowing…
The COMEX is the market where commodities such as gold, silver, copper and aluminum are traded. In 2015, it was reported that COMEX doesn't have the physical metals that it trades in.…
Silver has been called the "common man's (precious) metal" because it's a fraction of the cost of gold. The nickname "common man's metal" has been cited in print…
Entry in progress -- B.P, Wikipedia: ContangoContango is a term used in the futures market to describe an upward sloping forward curve (as in the normal yield curve). Such a forward curve is said…
Entry in progress -- B.P. YourDictionary.comcontingent convertible definition - finance A mandatory convertible security that allows investors to sell their shares back to the issuer within a…
Entry in progress -- B.P. Wiktionaryconventional wisdom (plural conventional wisdoms)A belief or set of beliefs that is widely accepted, especially one which may be questionable on close…
The Wharton School of the University of Pennsylvania sends many of its graduates to Wall Street jobs. A Financial Times story in September 2012 called Wharton the "conveyor belt of Wall…
Jon Corzine was chairman and CEO of Goldman Sachs, United States Senator from New Jersey (2001-2006), Governor of New Jersey (2006-2010), and CEO of MF Global (2010-2011). MF Global collapsed at…
Entry in progress -- B.P. Wikipedia: Cost of livingCost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a…
In 2013, Janet Yellen was appointed to be Chair of the Federal Reserve. The libertarian website LewRockwell.com and Ron Paul (author of 2009's