Monday, September 27, 2010

Bernankruptcy: New trading term and definition.

Bernankruptcy \Ber”nank”rupt*cy\, n.

1. The state of being actually or legally bankrupt due to Fed Chairman Ben S. Bernanke’s Fed interest rate hikes.

2. The act or process of becoming a bankrupt, due to continuous Fed interest rate increases.

3. Complete loss; — followed by of. “Bernanke’s continual Fed rate hikes destroyed my portfolio, forcing me to declare ‘Bernakruptcy’.”

Thesaurus words for “bernankruptcy”:

bouncing check, breakage, breakdown, bust, collapse, crack-up, crash, crippling, damage, defeat, destruction, detriment, dilapidation, disablement, disrepair, encroachment, failure, futility, harm, hobbling, hurt, hurting, ill success, impairment, incapacitation, infringement, injury, inroad, insolvency, insufficient funds, kited check, losing game, loss, maiming, mayhem, mischief, mutilation, no go, nonaccomplishment, nonsuccess, overdraft, overdrawn account, receivership, ruination, ruinousness, sabotage, scathe, sickening, spoiling, successlessness, unsuccess, unsuccessfulness, uselessness, weakening

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