cresset

[kres-it]

noun

1. a metal cup or basket often mounted on a pole or suspended from above, containing oil, pitch, a rope steeped in rosin, etc., burned as a light or beacon.

cresset

/ ˈkrɛsɪt /

noun

1. history a metal basket mounted on a pole in which oil or pitch was burned for illumination

Word History and Origins

Origin of cresset¹

1325–75; Middle English < Anglo-French, Old French craisset, equivalent to cras grease + -et -et

Word History and Origins

Origin of cresset¹

C14: from Old French craisset, from craisse _grease

Example Sentences

“While investors may be somewhat leery of the public sector, they’re very confident in the private sector,” said Jack Ablin, chief investment strategist at Cresset Capital.

Read more on The Wall Street Journal

“I don’t see the underpinnings of an economic downturn,” said Jack Ablin, chief investment officer and founding partner at Cresset Capital.

Read more on Los Angeles Times

“I just don’t see a catalyst for any kind of rate cut right now,” said Jack Ablin, chief investment officer at Cresset, an asset management and advisory firm.

Read more on Los Angeles Times

"A lot of investors are starting to look out into next year. There's a growing sense the economy is slowing, that price growth will likely continue to fall, that profit growth will likely fall," said Jack Ablin, chief investment officer at Cresset Capital, in Chicago.

Read more on Reuters

The situation, however, bears monitoring, said Jack Ablin, chief investment officer at Cresset Capital.

Read more on Reuters