drop-dead fee
World English Dictionary
| drop-dead fee | |
| —n | |
| a fee paid to an organization lending money to a company that is hoping to use it to finance a takeover bid. The fee is only paid if the bid fails and interest charges are only incurred if the money is needed | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
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Drop-dead fee
is always a great word to know.
So is quincunx. Does it mean:
| an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle. |
| a fool or simpleton; ninny. |
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