The high price of a haircut
by Colin McIntosh About words: A blog from Cambridge Dictionaries
The credit crunch started to bite in 2008, with a whole lexicon of terms, some new and some previously confined to the vocabulary of economists and bankers, making an appearance in the news. Most of them are still with us, and some brand new ones have joined them in the Cambridge English Dictionary.
Toxic debt (debts that have little chance of being (more…)