Phrases I Came Across This Week (2)

  • A front-load of information: a large amount of information delivered all at once, especially at the beginning
  • Credit Default Swap (CDS): a financial instrument used to insure against the default of a borrower
    A teaser rate: a temporarily low introductory interest rate offered to attract borrowers
  • First-mover advantage: the benefits a company gains by entering a market before its competitors

Let’s see if you can guess the meaning of the following expressions:

  • “I wouldn’t hold my breath if I were you.”
  • “The meeting was a complete waste of breath.”

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