dry powder



dry powder

finance Cash reserves kept to cover unforeseen future obligations or purchases; low-risk liquid assets or securities that can easily be converted to cash. I learned early on in my career that any viable business has to have dry powder ready for anything. I've kept a decent amount of dry powder on hand, so we should be able to get through your unemployment.
See also: dry, powder

Common Names:

NameGenderPronouncedUsage
BraithBRAYTHEnglish (Australian)
Aileenie-LEEN, ay-LEENScottish, Irish, English
Mohammed[məu'hæmed]
Joelle-English
Chiyokochee-yo-koJapanese
BastiaanBAHS-tee-ah:nDutch