Word Moment: Arbitrage

ar·bi·trage

n.

 

The purchase of securities on one market for immediate resale on another market in order to profit from a price discrepancy.

intr.v. ar·bi·traged, ar·bi·trag·ing, ar·bi·trag·es

 

To be involved in arbitrage.

Fortunate Days

“You will reach high levels of intelligence.”

Too late cookie, too late.

Word Moment: Tort

tort

n. Law

Damage, injury, or a wrongful act done willfully, negligently, or in circumstances involving strict liability, but not involving breach of contract, for which a civil suit can be brought.

Word Moment: Otiose

o·ti·ose

adj.

1. Lazy; indolent.

2. Of no use.

3. Ineffective; futile. See Synonyms at vain.

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[Latin tisus, idle, from tium, leisure.]

Cool Republicans: Lindsay Graham

“I’d like to solve a problem, and if it’s on President Obama’s watch, it doesn’t bother me one bit if it makes the country better off” Lindsay Graham (R-SC) said concerning emissions control legislation.

Here are two article that parties interested in the strongest congressional movement concerning global warming that’s in progress should read:

This one is an op-ed in the NY Times co-written by Senator John Kerry (D-Mass) and Senator Graham about they’re combined commitment to enact legislation to reduce both carbon emissions and our dependency on foreign oil.

This one is a feature also in the NY Times is a profile of Senator Graham and explains his position, his thoughts, and how completely opposite of his fellow senator from South Carolina.

Word Moment: Concomitant

con·com·i·tant

adj.

Occurring or existing concurrently; attendant. See Synonyms at contemporary.

n.

One that occurs or exists concurrently with another.

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[Late Latin concomitns, concomitant-, present participle of concomitr, to accompany : Latin com-, com- + Latin comitr, to accompany (fromcomes, comit-, companion; see ei- in Indo-European roots).]

Word Moment: Prepossess

pre·pos·sess

tr.v. pre·pos·sessed, pre·pos·sess·ing, pre·pos·sess·es

1. To preoccupy the mind of to the exclusion of other thoughts or feelings.

2.

a. To influence beforehand against or in favor of someone or something; prejudice.

b. To impress favorably in advance.

Word Moment: Usury

u·su·ry

n. pl. u·su·ries

1. The practice of lending money and charging the borrower interest, especially at an exorbitant or illegally high rate.

2. An excessive or illegally high rate of interest charged on borrowed money.

3. Archaic Interest charged or paid on a loan.

Word Moment: Subvention

sub·ven·tion

n.

1. Provision of help, aid, or support.

2. An endowment or a subsidy, as that given by a government to an institution for research; a grant of financial aid.

Word Moment: Profligacy

prof·li·gate

adj.

1. Given over to dissipation; dissolute.

2. Recklessly wasteful; wildly extravagant.

n.

A profligate person; a wastrel.