stoozing

stoozing
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.

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Игры ⚽ Поможем сделать НИР

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  • 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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