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Term of the Day
guilt-edged investment
guilder share
Guinea Franc
Definition
An
investment
transaction
in which one
party
takes
advantage of the other and
profits
from this
unethical
behavior. The
cost
of doing
business
this way is supposedly a feeling of guilt over having made
money
through unsavory means.
Play
on words from "gilt-edged" or
gold
lined investment.
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