Buck

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Buck

Slang for one million dollars.

Buck

1. Among traders, informal for $1 million.

2. More generally, informal for one dollar or one euro. See also: Breaking the buck.

3. In bond trading, 1/10 of one dollar of a bond price. Because bonds often are quoted in terms of 1,000 points (and not in terms of dollars), a buck is equivalent to one point.
References in periodicals archive ?
As the debate about school dinners rolls on, the assembly government has passed the buck to local authorities while they in turn have blamed the assembly for not giving them extra cash to spend on improving meals.
The judge has passed the buck by leaving the way open to appeal.
Glasgow City Council last night passed the buck for the privately-funded project, saying it was up to contractors to decide which security firm they hired.