Money Idioms (1)

  1. Black hole:

    Definition:

    Black hole is a situation or entity that consumes resources without providing any visible or tangible results. (A situation or entity that consumes resources without providing any visible or tangible results.)

    Examples:

    a) “Her shopping addiction has turned her wardrobe into a black hole.”

    b) “The company’s failed project became a financial black hole, draining all their funds.”

    c) “Once you start browsing the internet, it’s easy to get sucked into a black hole of time-wasting.”

     

  2. Buy out:

    Definition:

    To purchase the entirety or a majority stake of a business or organization. (To purchase the entirety or a majority stake of a business or organization.)

    Examples:

    a) “The large corporation decided to buy out the small startup to acquire their innovative technology.”

    b) “The investor offered to buy out the other shareholders to gain full control of the company.”

    c) “The CEO decided to retire and offered to sell his shares to the remaining partners to buy them out.”

     

  3. Casino banking:

    Definition:

    A risky financial practice where banks engage in speculative investments or take excessive risks with their clients’ money. (A risky financial practice where banks engage in speculative investments or take excessive risks with their clients’ money.)

    Examples:

    a) “During the financial crisis, many banks were accused of engaging in casino banking, leading to severe economic consequences.”

    b) “Regulators are implementing stricter rules to prevent banks from engaging in casino banking and endangering the stability of the financial system.”

    c) “Investors lost trust in the bank after it was revealed that they were involved in casino banking activities.”

     

  4. Claw back:

    Definition:

    To recover or take back something, especially money, often through legal means. (To recover or take back something, especially money, often through legal means.)

    Examples:

    a) “The government decided to claw back the tax refunds of those who had committed fraud.”

    b) “The company had to claw back some of the bonuses they had given out due to poor performance.”

    c) “The court ordered the artist to claw back the profits she had made by selling counterfeit artwork.”

     

  5. Clear a debt:

    Definition:

    To pay off or settle an owed amount of money. (To pay off or settle an owed amount of money.)

    Examples:

    a) “After years of careful saving, he finally managed to clear his student loan debt.”

    b) “The debtor worked multiple jobs to clear her credit card debt.”

    c) “The company negotiated with its creditors to create a repayment plan and clear its outstanding debts.”

     

  6. Cough up:

    Definition:

    To reluctantly or unwillingly provide or pay for something. (To reluctantly or unwillingly provide or pay for something.)

    Examples:

    a) “He had to cough up a hefty fine for parking his car in a no-parking zone.”

    b) “The restaurant bill was higher than expected, and everyone had to cough up extra money to cover it.”

    c) “The company was sued for damages, and they had to cough up a substantial settlement amount.”

     

  7. Cut your losses:

    Definition:

    To stop investing time, money, or effort in a situation that is unlikely to improve and instead focus on minimizing further losses. (To stop investing time, money, or effort in a situation that is unlikely to improve and instead focus on minimizing further losses.)

    Examples:

    a) “After numerous failed attempts, the entrepreneur decided to cut his losses and shut down the business.”

    b) “The stock market crashed, and many investors chose to cut their losses by selling their shares at a lower price.”

    c) “Realizing that the relationship was toxic, she decided to cut her losses and end the engagement.”

     

  8. Dip into:

    Definition:

    To use or take a portion of something, usually resources or funds, for a specific purpose. (To use or take a portion of something, usually resources or funds, for a specific purpose.)

    Examples:

    a) “He had to dip into his savings to cover the unexpected medical expenses.”

    b) “The company decided to dip into its marketing budget to fund a new advertising campaign.”

    c) “The government plans to dip into the national reserves to finance a large infrastructure project.”

     

  9. Dole out:

    Definition:

    To distribute or give out something, often in a limited or controlled manner. (To distribute or give out something, often in a limited or controlled manner.)

    Examples:

    a) “The teacher doled out pencils to the students who forgot to bring their own.”

    b) “The organization doled out food and clothing to the homeless during the winter months.”

    c) “The boss doled out praise to the employees who had exceeded their sales targets.”

     

  10. Feather your nest / Featherbed:

    Definition:

    To accumulate wealth or provide oneself with financial security through shrewd or unethical means. (To accumulate wealth or provide oneself with financial security through shrewd or unethical means)

    Examples:

    a) “The corrupt politician used his position to feather his own nest by accepting bribes.”

    b) “The CEO featherbedded the company’s budget by allocating excessive funds to unnecessary projects.”

    c) “The wealthy businessman managed to feather his nest by exploiting tax loopholes.”

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