kangaroo
Pronunciation
  • (British) IPA: /kaŋ.ɡə.ˈɹuː/
  • (America) enPR: kăng-gə-ro͞o', IPA: /ˌkæŋ.ɡə.ˈɹu/
Noun

kangaroo (plural kangaroos)

  1. A member of the Macropodidae family of large marsupials with strong hind legs for hopping, native to Australia. [from 18th c.]
    • 1770, James Cook, Journal, 4 August 1770 :
      Besides the Animals which I have before mentioned, called by the Natives Kangooroo, or Kanguru […].
    • 1814, Matthew Flinders, A Voyage to Terra Australis:
      In the woods are the kanguroo, the emu or cassowary, paroquets, and a variety of small birds […].
  2. (Canada, attributive) A hooded jacket with a front pocket, usually of fleece material, a kangaroo jacket.
Synonyms Translations Verb

kangaroo (kangaroos, present participle kangarooing; past and past participle kangarooed)

  1. To practice kangaroo care on an infant; to hold a premature infant against the skin.
  2. To hunt kangaroo.
  3. To move like a kangaroo
Adjective

kangaroo (not comparable)

  1. Of or relating to Australia.
    • 2005, Year Book Australia: 2006, Aust. Bureau of Statistics, page 708:
      The rapid growth in Kangaroo bond issues in the Australian market has given rise to an interest in the nature, trend and impact of this type of bond on Australia's international investment statistics. While Kangaroo bonds have been issued for a ...
    • 2017, Jeff Madura, CHANDRASEKHAR & MADURA KRISHNAMURTI (JEFF & HOQUE, ARIFUL.), Ariful Hoque, International Financial Management with Student Resource Access 12 Months, Cengage AU (ISBN 9780170386135), page 667:
      Furthermore, the issuers access the kangaroo bond market in order to diversify their funding sources. ... driven by factors such as the relative cost of issuance, including hedging costs and the liquidity of underlying derivative and bond markets.
    • 2018, Ben Hunt, Chris Terry, Financial Institutions and Markets, Cengage AU (ISBN 9780170411851), page 206:
      Non-resident. bonds. Bonds issued in the Australian market by non-resident entities are known as kangaroo bonds. Figure 8.6 shows that kangaroo bonds represent approximately one-third of non-government bonds outstanding, making them ...
    • 2009, W. Peng, C. Shu, Currency Internationalization: Global Experiences and Implications for the Renminbi, Springer (ISBN 9780230245785), page 62:
      3.1.2 The Australian dollar in the global bond market An internationalized currency also serves non-residents as a store of value ... borrowers issuing Australian dollar bonds in the domestic market (foreign bonds known as ' kangaroo bonds').
    • 1998, Business Review Weekly: BRW
      The market is comparatively liquid and the bonds are free of withholding tax if the funds are used overseas. The Commonwealth Bank has largely pioneered the market. It led the first kangaroo issue, a $150million offering by the (South) Korea  ...
    • 2010, Susan Black, Anella Munro, Why Issue Bonds Offshore?
      Some onshore markets have competed more successfully than others. Issuance in the Kangaroo bond market (Australian dollar bonds issued onshore by non- residents) soared over the 2002–06 period due to a combination of factors. While a ...
  2. (finance, investments) Characterized by rapidly jumping prices in securities markets or by belief that the prices are unstable in contrast to bear and bull markets.



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