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
Feivel-Yiddish
Oluwafunmilayo-Western African, Yoruba
Caelius-Ancient Roman
Annette['ænit]
CalKALEnglish
Prudentius-Late Roman