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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Beginning in the 1970s, she says, and coming to fruition by the 1990s, striptease, like virtually "every facet of our cultural and personal lives," has been colonized by corporate branders.
On Sunday night when the girls started performing the striptease in front of the select audience amidst loud music, local residents immediately alerted the police.
Some people misconstrue it as stripping but it is striptease and is about the tease.
The DNA from the Moulin Rouge style of performances, where French showgirls energetically performed high kicks so the audience might "get a glimpse," crossed with the bawdy saloon girl stripteases of the American "adult entertainment" circuit.
We talked about how the music scene was dominated by boys and decided to start a revolution, and after some word play we came up with Striptease Battleshiip because it alludes to sexuality and power, and we felt like this name was representative of a return of that balance.
It is not thought she was paid to perform the striptease.
You watch; if we go up I will do a striptease," she said.
Pensioners in a seaside town are furious at a local pub's plan to hold a striptease evening for stag parties.
(MGM releases another lesbian classic--Sandra Bernhard's concert film Without You I'm Nothing--on the same day, and her closing striptease remains as in-your-face as ever.)
These include a sensuous faux striptease for Ramirez and an Astaire-like soft-shoe solo for Amores, accompanied by three shadow versions of himself.
Acclaimed architects, Diller, Scofidio and Renfro, are set to perform a $325 million "architectural striptease" that will transform Lincoln Center for the Performing Arts into a welcoming nighttime and daytime venue for students and visitors alike.
That was the theme for this year's Bachelor Ball and Auction to benefit UCP, and the crowd at Michael's on East took it to heart, with more than a few sporting tattoos and leather and several of the bachelors performing a modified striptease to rev up the bidding on their date packages.