Money on the hoof.
Posted by Stan on October 29, 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.
Thanks, but what is the origin?
- Money on the hoof. Bruce Kahl 10/29/02