Toxic Assets

What is Toxic Assets?

Paper purchases made by banks that turn out to have little or no real value.

AIG bank failed because they had 50 billion dollars worth of toxic assets

See depression, worthless

Fowled Out

1. To get scared and back out of a certain (often confrontational) situation. Derived from the term 'chicken out' (Fowl meaning ..

Nice Sweater

1. 1. a bastion of douche in the middle of a world of otherwise awesome. 2. a really, really, really nice sweater. Moaner: Hey, O&apos..

Tonka Tonk

1. means to: have hot wild sex all night long...... my boyfriend and i are going to tonka tonk tonight!!!! See mallory..

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Toxic Assets Edit Meaning