Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
A default, bankruptcy, or other situation which is recognized as affecting the creditworthiness of a country or organization and which may trigger insurance payments as defined in a credit default swap.‘investors should keep in mind that this is a relatively small credit event relative to some of those we've seen in the banking sector before’
- ‘The implosion of the TMT sector in 2000 and that sector's continued weakness raise the concern that further equity price corrections could cascade across markets and thereby trigger liquidity and/or credit events.’
- ‘Italy needs to focus on structural reforms since a credit event in the country is a key danger.’
- ‘Returns on the bonds will also diminish if any of the 100 firms suffer a credit event - defined by StanChart as bankruptcy, failure to pay debts or a serious restructuring - during the 10-year period.’
- ‘Spanish five-year government bond yields rose in line with 10-year bonds on Tuesday in a sign that markets were preparing for the risk of a big credit event.’
- ‘To the extent that there are unexpected levels of downgrades, we may not need to see any loss for there to be some sort of credit event.’
We take a look at several popular, though confusing, punctuation marks.
From Afghanistan to Zimbabwe, discover surprising and intriguing language facts from around the globe.
The definitions of ‘buddy’ and ‘bro’ in the OED have recently been revised. We explore their history and increase in popularity.