Business / Finance / APS: Auction Preferred Stock. A type of Dutch Auction Preferred Stock (Goldman Sachs product).

Long-Term Equity Anticipation Securities (LEAPS)

Business / Taxes / Long-Term Equity Anticipation Securities (LEAPS): These long-term options on stocks have expiration dates of up to three years rather than the shorter terms of most stock options, which are never longer than nine months. The benefit of LEAPS, from an MORE


Business / Taxes / Lapse: A lapse causes a policy, right, or privilege to end because the person or institution that would benefit fails to live up to its terms or meet its conditions. For example, if you have a subscription r MORE

Rally Caps

Entertainment / Baseball / Rally Caps: A term for a superstitious practice among players and fans alike that turn their caps inside out and/or backwards in a close game in the hopes of getting their team hitting. MORE


Technology / Motorcycle / Chaps: Most motorcycle riders like to have some protection on their legs while riding. A pair of leather chaps does the trick. Chaps usually have snaps near the ankles and a zipper down the legs. They're pul MORE


Entertainment / Literature / Rhapsodoi: Wandering poet-singers in the Homeric age of Greece--the equivalent of a bard in the Celtic tradition. These rhapsodoi usually sang or chanted while accompanying themselves on the lyre. Homer is tradi MORE


Life Style / Wine / Screwcaps: The new alternative to sealing a wine with cork which, in case you hadn't realised, is tree bark. Another alternative is to use a synthetic cork. Why? Because cork, being a biological material, cannot MORE