New words – 14 January 2013

bankster noun informal a banker whose actions are illegal

Where do banksters, you know, bad guy bankers, want their money?

[www.wired.com 30 Sept 2012]

challenger bank noun a bank that provides competition to the large traditional banks

‘I don’t expect the challenger banks to have a meaningful impact for the prices and services of existing banks,’ says Investec banking analyst Ian Gordon

[www.bbc.co.uk 08 July 2012]

pre-distribution noun the equitable channelling of wealth before taxation

For those not in the know – which I suspect is most of us – predistribution is essentially ‘a fairer distribution of wealth before taxation, rather than after’.

[http://blogs.telegraph.co.uk 06 Sept 2012]

About new words

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