2020年3月7日 星期六

delinquent, in arrears, black swan, disruptive, catastrophic, disrupter


"It's one black swan event after another." - The scene around the heart of Hong Kong's food and beverage industry is nothing like before.



If Greece fails to pay the International Monetary Fund a $1.7 billion debt coming due at the close of business Tuesday—around 6 p.m. EDT—the country will immediately be in arrears to the fund, an event normally known in the financial world as a “default.”
Here's what you need to know.
A default by Greece on a payment due to the IMF Tuesday would be the...
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Mary Bolender needed to get her 10-year-old daughter to the emergency room, but her Chrysler van would not start. The cause was not mechanical - it was her lender. Ms. Bolender was three days behind on her monthly car payment.


Miss a Payment? Good Luck Moving That Car

Subprime lenders are increasingly relying on technology that allows them to track and disable delinquent borrowers’ vehicles with just a tap of a cellphone app.



The Disrupters
By THE NEW YORK TIMES
From streaming TV to immersive theater, 2013 was a year of cultural upheaval. Here are interviews with the people who broke the rules, from Miley Cyrus to Michael B. Jordan. Plus: James Franco on the rise of the "selfie."

How to Prepare for a Black Swan
by Matthew Le Merle

Whether environmental, economic, or political in nature, black swan events are impossible to predict but happen regularly, so companies need to prepare for them. Disrupter analysis is a four-step process that uses stress tests to help companies assess the risks of such future catastrophic events.


 arrears
Line breaks: ar|rears
Pronunciation: /əˈrɪəz/

Definition of arrears in English:

plural noun

Money that is owed and should have been paid earlier:he was suing the lessee for the arrears of rentmortgage arrears

Phrases


in arrears

1
(also chiefly Law in arrear)
1Behind with paying money that is owed:two out of three tenants are in arrears
delinquent Line breaks: de|lin|quent
Pronunciation: /dɪˈlɪŋkw(ə)nt /

ADJECTIVE

1(Typically of a young person) tending to commitcrimeparticularly minor crime:delinquent teenagers
formal Failing in one’s duty.
2.1 North American In arrears:
delinquent accounts
NOUN A delinquent person:
juvenile delinquents

Origin

late 15th century: from Latin delinquent- 'offending', from the verb delinquere, from de- 'away' + linquere 'to leave'.

disruptive

Syllabification: (dis·rup·tive)
Pronunciation: /disˈrəptiv/
adjective
  • causing or tending to cause disruption:disruptive and delinquent children the hours of work are disruptive to home life
  • innovative or groundbreaking:breaking a disruptive technology into the market is never easy

Derivatives

disruptively
adverb




disruptiveness


black swan
an unpredictable or unforeseen event, typically one with extreme consequences.

"the bank industry's vulnerability to black swans"

An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict. This term was popularized by Nassim Nicholas Taleb, a finance professor and former Wall Street trader.


Investopedia Says:
Black swan events are typically random and unexpected. For example, the previously successful hedge fund Long Term Capital Management (LTCM) was driven into the ground as a result of the ripple effect caused by the Russian government's debt default. The Russian government's default represents a black swan event because none of LTCM's computer models could have predicted this event and its subsequent effects.

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