Dictionary

Chinese money en · NOUN

Meanings

1. (informal, uncountable) Risky alternatives to cash, such as convertible securities, low interest debentures, or warrants, when they are used to purchase shares in a company.
   • Some people, though, are beginning to question the growing use of convertible securities - or so-called Chinese money - to acquire companies. 1982, Financial World, volume 151, page 75:
   • […] who had begun as a bond salesman specializing in the convertible debentures and other so-called “Chinese money” generated by men like Evans and by the conglomerate acquisitions of the sixties […] 2001, Diana B. Henriques, The White Sharks of Wall Street:
2. (uncountable) Used other than figuratively or idiomatically: see Chinese, money.