Re: "Money
on the hoof."
Posted by Bruce
Kahl on October 28, 2002 In Reply to: "Money
on the hoof." posted by Stan on October 28, 2002
: How about
"Money on the hoof." I'm guessing in reference to cattle, or possibly even horse
racing.
Here in the NY area in the financial industry, the telemarketers, aka
stockbrokers, will use that term to describe a financial instrument that can be
quickly converted to cash without breaking out of a commitment or suffering a
big loss or withdrawal penalty.
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