Belts and Suspenders
Belts and Suspenders
A slang term for an extremely cautious plan or behavior. It is an informal way to describe risk adversity.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
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.We are a very cautious organization--we wear both belts and suspenders here.
'As the bank put it, "we'd like to have belts and suspenders."'" (30)
An insurance executive might view an adverse-development cover as a "belts and suspenders" approach to an acquisition.
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