dry powder
Noun
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Noun
dry powder
- A powder found in a fire extinguisher that is expelled to smother the fire
- (finance) cash (or cash-like securities) kept in reserve in case of need.
- Private equity firms were sitting on more than $1 trillion in dry powder at the end of 2011.
- Used other than with a figurative or idiomatic meaning: see dry, powder
- German: Löschpulver
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002