Stoozing

Quick meaning: Stoozing is a verb meaning present participle and gerund of stooze.

Meaning

present participle and gerund of stooze.

More Meanings

1. (slang) A form of arbitrage in which money is borrowed at an interest rate of 0% and invested elsewhere to make a profit until the borrowing period ends.

Example Sentences

Ultimately, the best cards for stoozing carry no fee on purchases for as long as possible.

For the very sophisticated, there's a game called stoozing where you can get your own back on the banks and play the interest game.

"Stoozing isn't exactly a way to get rich," the student said. "That's why I just took one afternoon to go around and do it - because the profit isn't that much."

They would be charged interest by others, or their interest-free loan could be used to gain a profit at interest (an Old Testament version of the modern-day practice of stoozing, in which money borrowed ona credit card at zero per cent introductory rate is invested for profit).

Related Words

Related dictionary entries include round trip, shunting, arbitrage, stockjobbing, sharbing, steepener.

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