drop-dead fee


noun

a fee paid to an organization lending money to a company that is hoping to use it to finance a takeover bid. The fee is only paid if the bid fails and interest charges are only incurred if the money is needed

QUIZZES

WHO SAID IT: A QUIZ ON PRESIDENTIAL WIT AND WISDOM

Think you know your presidents? Take this quiz and see if you can match the style, wit, and ideology of these memorable lines to the right POTUS.
Question 1 of 9
“I do believe that the buck stops here, that I cannot rely upon public opinion polls to tell me what is right. I do believe that right makes might and that if I am wrong, 10 angels swearing I was right would make no difference.”
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012