Revolving Door
Entry in progress -- B.P. Wikipedia: Revolving door (politics)The revolving door is the movement of personnel between roles as legislators and regulators and the industries affected by the…
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“It’s not what you make, it’s what you keep”
Entry in progress -- B.P. OCLC WorldCat recordIt's not what you make, it's what you keep : your year-round tax planning guide for keeping as much as the law allowsAuthor: Julian Block…
“Experience is a comb that life gives you after you lose your hair”
“Experience is a comb that life gives you after you lose your hair" is credited to Judith Stern. In his March 1955 syndicated newspaper column "Try and Stop Me," Bennett Cerf…
Angel Bond
Investopedia defines an "angel bond" as a bond that has a lower interest rate because of the issuing company's high credit rating. "Angel bonds" are said to be the opposite…
“The best public servant is the worst one”
Homer L. Ferguson (1873-1953), who was president of the U.S. Chamber of Commerce from 1919-1920, wrote "A Plea for Inefficiency in Government" in Nation's Business, November 1928,…
“Soak the rich”
"Soak the rich" means to take money from the rich (such as from taxes) so that the rich people will feel "soaked" (slang for "overcharged" or "ripped off").…
“Sports do not build character—they reveal it”
"Sports do not build character. They reveal it," said sportswriter Heywood Hale Broun (1918-2001), the son of newspaper columnist and sportswriter Heywood Broun (1888-1939). The quotation…
Crisis Commodity (gold)
Gold has been called a "crisis commodity" because investors turn to the historical stability of gold during times of crisis. The nickname "crisis commodity" has been used since…
Stockalypse (stock + apocalypse)
"Stockalypse" (stock + apocalypse) is when there's a disaster in the stock market with a sudden collapse in stock prices. The term "stockalypse" has been cited in print…
Golden Hello
Entry in progress -- B.P. Wikipedia: Golden helloA Golden hello is a bonus offered by hiring firms if the hired joins the company from a rival firm. It is very similar to the traditional joining…
Golden Handshake
Entry in progress -- B.P. Wikipedia; Golden handshakeA golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case…
Golden Boot
Entry in progress -- B.P. Wikipedia: Golden boot compensationGolden boot compensation is an inducement, using maximum incentives and financial benefits, for an older worker to take…
Golden Handcuffs
Entry in progress -- B.P. Wikipedia: Golden handcuffsGolden handcuffs are a system of financial incentives designed to keep an employee from leaving the company. These can include employee stock…
“The time to live in New York is when you’re young and poor, or old and rich”
An October 28, 2009 Wall Street Journal editorial titled "Escape From New York" opened, "An old saying goes that the time to live in New York is when you're young and poor, or…
Golden Parachute
A "golden parachute" is when a company tries to avoid a hostile takeover and aims to protect its top employees. A clause is added to these top employees' contracts that, in the event…
Long Jelly Roll (Short Jelly Roll)
Entry in progress -- B.P. InvestopediaWhat Does Long Jelly Roll Mean?An option strategy that aims to profit from a time value spread through the sale and purchase of two call and two put options,…
Flight to Quality
A "flight to quality" is when investors sell higher-risk investments and purchase lower-risk investments (with lower potential returns). In the past, a "flight to quality" has…
Foam the Runway
An airport foams a runway when a crash landing is expected, minimizing the impact of the crash. The financial markets have long used the airplane language of a "soft landing" or a…
Toppy
"Toppy" means that a stock (or the stock market) is at or near a "top," so buying is risky and selling might be in order. "Toppy" can be a matter of opinion; one stock…
“Eat your own dog food”
Entry in progress -- B.P. Wikipedia: Eating your own dog foodEating your own dog food, also called dogfooding, is when a company (usually, a software company) uses the products that it makes.…