Wunch of Bankers

The collective noun for a group of bankers is sometimes said to be "a wunch of bankers" -- a spoonerism for "a bunch of wankers." The "wunch of bankers" joke has been…

Yankee Bond

Entry in progress -- B.P. Wikipedia: Bond (finance)In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged…

Yellow Knight

Entry in progress -- B.P. InvestopediaWhat Does Yellow Knight Mean?A company that was once making a takeover attempt but ends up discussing a merger with the target company. The Free…

ZIRP4EVA (ZIRP + forever)

The term ZIRP (Zero Interest Rate Policy) has been cited in print since at least 2000. but became popular during the financial crisis of 2008. Some financial observers during the crisis speculated…

Zombie Bank

A "zombie" (as popularized in many horror movies) is someone of the living dead, who walks the earth but doesn't know that he or she is dead. A "zombie banks" is a bank…

Zombie Title

A "zombie title" starts out as an ordinary title. A homeowner buys a home and gets a mortgage from the bank. However, the homeowner falls behind on mortgage payments. The house would…