Belts and Suspenders financial definition of Belts and Suspenders
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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
?
.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)
(Re)examining the Citicorp case: ethical paragon or chimera
An insurance executive might view an adverse-development cover as a "
belts and suspenders
" approach to an acquisition.
Safety Nets For the Future
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