schmuck insurance

名词 n.

英文释义

名词 n.
  1. The situation where an owner sells a company but retains a portion in case the price appreciates in the future. informal,uncountable
    — The solution? Instead of selling 100% of the business, the seller either keeps a stake, or keeps an option to buy back part of it later. This solution, which was apparently popularized by Time Warner CEO Dick Parsons in the early 2000s ($, WSJ), is known as "schmuck insurance”.

词源

From schmuck (“fool, idiot”) + insurance.
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