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stripper - 7 dictionary results

strip⋅per

  [strip-er]
Use stripper in a Sentence
–noun
1. a person who strips.
2. a thing that strips, as an appliance or machine for stripping.
3. Also called ecdysiast, exotic dancer, stripteaser. a person who performs a striptease.
4. a harvesting machine for stripping the seed heads from the stalks of grain.
5. a machine used in harvesting cotton to strip the bolls from the plants.
6. a chemical solution that removes varnish, paint, wax, etc., from a surface, as of furniture or flooring.
7. any of several rollers covered with card clothing that operate in combination with the worker rollers and the cylinder in the carding of fibers.
8. Printing. a worker who assembles and strips photographic negatives or positives for platemaking. Compare strip 2 (def. 10).
Origin:
1575–85; strip 1 + -er 1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To stripper
strip·per   (strĭp'ər)   
n.  
  1. One that strips, as one that strips photographic negatives or positives.
  2. A chemical product for removing a surface covering, such as paint or varnish, from furniture or floors.
  3. One who performs a striptease.
  4. An oil well that produces ten barrels or fewer per day.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Stripper

Strip"per\, n. (Agric.) A cow that has nearly stopped giving milk, so that it can be obtained from her only by stripping.

Stripper

Strip"per\, n. One who, or that which, strips; specifically, a machine for stripping cards.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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stripper 
"strip-tease dancer" is from 1930, from strip (v.). Strip-tease itself is first recorded 1936, though strip and tease were both used in this sense in late 1920s.
Online Etymology Dictionary, © 2001 Douglas Harper
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Stripper

Slang for an individual homeowner who strips the equity out of his or her home through mortgage refinancing. The proceeds are generally not re-invested, but spent on consumer goods.

Investopedia Commentary

Most people get rich by saving and investing wisely. Strippers, on the other hand, feel rich because they have increased their disposable income by going further into debt.

Strippers face two huge risks. First, they are trusting that the value of their home will keep rising, but any dip in the housing market will prevent future refinancings. Second, strippers usually borrow when interest rates are low. If they have a variable-rate mortgage and rates rise again (as they always do), they might not be able to afford the mortgage payment. Sooner or later, strippers will have to reduce their consumption and start saving to pay back loans. This situation is a vicious cycle because the deeper into debt a person goes, the harder it is to get back in the black.

Related Links

Mortgages: The ABCs Of Refinancing
Mortgages: Fixed-Rate Versus Adjustable-Rate
The Indiana Jones Guide to Getting Ahead
The Importance of Your Credit Rating

See also: Adjustable-Rate Mortgage - ARM, Black, Equity, Home-Equity Loan, House Poor, Interest Rate, Mortgage, Refinance

Also spelled: Strippers, strippper, striper

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Main Entry: strip·per
Pronunciation: 'strip-&r
Function: noun
: a surgical instrument used for removal of a vein
Merriam-Webster's Medical Dictionary, © 2002 Merriam-Webster, Inc.
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