dry powder
Americannoun
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cash reserves, liquid assets, or easily liquidated assets such as readily saleable stocks and bonds, held by a corporation or an individual in order to cover current or future obligations, make new purchases, or take advantage of unforeseen opportunities.
Stick with small investments for now, but keep some dry powder on hand in case we start to see this industry grow stronger.
Etymology
Origin of dry powder
First recorded in 2000–05 dry powder for def. 1
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Fees can also grow through the deployment of “dry powder” funds, which can happen faster in times of market stress.
The private equity industry is sitting on roughly $1.7 trillion in dry powder globally.
From Barron's
The myth that there’s a bunch of dry powder poised to surge into the market is the one most likely to cost you.
Some see this as ample dry powder that could continue to benefit foreign stocks.
From MarketWatch
“Our acquisition pipeline remains very active, with plenty of dry powder from our recently announced equity financings led by Apollo and Temasek, ” said Chairman and Chief Executive Jacobs, in a statement.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
