Stripper

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Stripper

Informal for a homeowner who re-finances his/her property in order to access the equity and spend it on consumer goods rather than investment. A stripper, rather than investing wisely with the equity, squanders his/her wealth while increasing debt. There are two main risks associated with being a stripper. The first is the possibility that the value of the home will begin to decrease, which will prevent any more re-financing. The second is the possibility that interest rates will rise, preventing re-financing at an affordable rate. Since many strippers live above their means, the realization of either of these risks could be devastating.
References in periodicals archive ?
It only receives hard data on strippers from individual states with a delay of up to two years.
There may be a few bad apples, but most club owners take dancers' safety seriously and are appalled when strippers are mistreated, said Claude DaCorsi, a club operator and president of the Oregon chapter of the Association of Club Executives, an industry association.
They're not strippers, they're just talented actors.
The stripper is responsible for returning the gasoline used in the transportation of heavy crude from the oil field to the Upgrader, to be reused later.
Reportedly, after the Justin's photo with stripper got leaked, Justin told Selena that it was all a joke and she should not take the photo seriously.
The 'Baby' hitmaker's party included various A-list celebs like Chris Brown, boxer Floyd Mayweather and Snoop Dogg and 20 strippers.
Strippers can promote their act in print or online classifieds or websites such as strippers-direct.
Use a stripper or SimpleStrip (below) to take off wallpaper
QED's low-profile E-Z Tray Air Strippers are quickly becoming the treatment option of choice due to their high removal efficiency, attractive pricing compared to alternatives and inherent savings in facilities and maintenance costs, their reduced footprint, and ease of use and implementation.
uk has also issued a guide on how this paint stripper should be used.
A variety of power relations exist within the strip club and similar locales, not only between the stripper and client, but also between the strippers themselves and with management and the wider legal authorities.