- stoozing
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A form of arbitrage in which money is borrowed at an interest rate of 0% and invested elsewhere to make a profit until the borrowing period ends.
Wikipedia foundation.
Wikipedia foundation.
Stoozing — Stoozing, derived from the verb stooz, is a slang term used to describe the act of borrowing money at an interest rate of 0%, a rate typically offered by credit card companies as an incentive for new customers. The money is then placed in a high… … Wikipedia
stoozing — n. The practice of borrowing money from a credit card during the card s introductory no interest period and then investing that money to earn the interest as a profit. stoozer n. stooze n. Example Citations: The essence is simple: if credit card… … New words
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Saving — Depositing change in a piggy bank is a frequently used savings strategy. Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in a bank or pension plan.[1] Saving also includes reducing expenditures,… … Wikipedia
Minister of Finance (Japan) — The Minister of Finance (財務大臣, Zaimu Daijin?) is the member of the Cabinet of Japan in charge of the Ministry of Finance. This position was formerly cited as being Japan s most powerful and one of the world s, because Japan had historically held… … Wikipedia
Credit bureau — A credit bureau (United States), or credit reference agency (United Kingdom) is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. It is an organization … Wikipedia
Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
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Verbed Nouns — Alt Tab Amazon background barnumize betamax black hole bookmark Bork … New words