chinese money
Word Rarity
Uncommon
Frequency: 4.92 in modern English
22
Scrabble Score
12
Letters
4
Syllables
9
Unique Chars
Meaning
noun
Risky alternatives to cash, such as convertible securities, low interest debentures, or warrants, when they are used to purchase shares in a company.
Informal; Uncountable
Example Sentences
- "Some people, though, are beginning to question the growing use of convertible securities - or so-called Chinese money - to acquire companies."
- "[…] who had begun as a bond salesman specializing in the convertible debentures and other so-called “Chinese money” generated by men like Evans and by the conglomerate acquisitions of the sixties […]"