BLIPS
BLIPS is an acronym for Bond Linked Issue Premium Structure, or Bond Linked Investment Premium Strategy. It is a type of tax shelter involving investors who take out bank loans that the government considers illegitimate. These loans are then shifted to partnerships to claim tax losses.
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Famous quotes containing the word blips:
“We see daily that our lives are terrible and little, without continuity, buyable and salable at any moment, mere blips on a screen, that this is the way we live now. Memory marketed as nostalgia; terror reduced to mere suspense, to melodrama.”
—Adrienne Rich (b. 1929)