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ninja loan

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noun

informal a type of high-risk loan issued to borrowers with no income, no job, and no assets

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THINK YOU’VE GOT A HANDLE ON THIS US STATE NICKNAME QUIZ?

Did you ever collect all those state quarters? Put them to good use on this quiz about curious state monikers and the facts around them.
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Mississippi’s nickname comes from the magnificent trees that grow there. What is it?

Word Origin for ninja loan

C21: from n(o) in(come no) j(ob no) a(ssets)

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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

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