cresset

American  

[kres-it] / ˈkrɛs ɪt /

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 British  

/ ˈkrɛsɪt /

noun

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

---

Etymology

Origin of cresset

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

Example Sentences

“Valuations are stretched,” said Jack Ablin, chief investment strategist at Cresset Capital.

From The Wall Street Journal

"The economy appears to be still holding up reasonably well but the market still faces very expensive valuations," said Jack Ablin of Cresset Capital.

From Barron's

“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.

From 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.

From 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.

From Los Angeles Times