schmuck insurance
The situation where an owner sells a company but retains a portion in case the price…The situation where an owner sells a company but retains a portion in case the price appreciates in the future.
Meaning
1 senses(informal, uncountable)The situation where an owner sells a company but retains a portion in case the price appreciates in the future.
Origin
From schmuck (“fool, idiot”) + insurance.From schmuck (“fool, idiot”) + insurance.
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Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable