schmuck insurance

noun

Etymology

From schmuck (“fool, idiot”) + insurance.

Definitions

  1. The situation where an owner sells a company but retains a portion in case the price…

    The situation where an owner sells a company but retains a portion in case the price appreciates in the future.

    • In Wall Street parlance this is known as "schmuck insurance," a reference to the rather vulgar Yiddish word that has come to mean the equivalent of "idiot."

The neighborhood

Vish — recursive loop

No curated loop yet for schmuck insurance. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA