Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
A transaction in which a foreign exchange debt owed by a developing country is transferred to another organization on the condition that the country use local currency for a designated purpose, usually environmental protection.
- ‘The economic justification for debt-for-nature swaps is that they represent one way of acknowledging that preserving rainforests provides a global public good.’
- ‘Indeed, local banks and pension funds may be wagering that an orderly restructuring - which is what the debt swap really is - is preferable to a messy default that would leave investors much worse off.’
- ‘It was the first bilateral debt swap agreement to be signed by the Indonesian and German governments, the embassy said.’
- ‘The key outcome of the talks, however, was a package of soft loans and debt swaps amounting to 390 million euros, which Spain has granted to Morocco.’
- ‘But many observers feel that well-negotiated debt swaps give developing countries access to international goodwill and additional financial resources, he added.’
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.