"Nice to meet you. I don't think I've ever seen you in these hallowed halls before."
"I recently transferred here from risk management downstairs. Tomorrow I will have been here for 1 Kwarteng."
"I recently transferred here from risk management downstairs. Tomorrow I will have been here for 1 Kwarteng."
by eryth October 18, 2022
kwar·teng VERB
1) to commit a grave error, potentially financial in nature
※This definition can pertain to something that has happened before and stopped or an action currently occurring.
2) to suffer a continuous state of disaster
※This definition should have greater effect if the term is used for a situation arising from an action under definition 1.
Synonyms: 1) blunder, make a mistake, (informal) bugger up, (vulgar) fuck up
2) languish, suffer, be tormented, be tortured, (informal) get screwed over, (vulgar) get fucked over
Derivation:
1) From the surname of Kwasi Kwarteng, Chancellor of the Exchequer, in the aftermath of a September 2022 mini-budget widely condemned as erroneous by, among others, the International Monetary Fund and the Bank of England.
2) The same, but more as a result of the apparent rationale for emergency interventions by the Bank of England in the aftermath of the above.
1) to commit a grave error, potentially financial in nature
※This definition can pertain to something that has happened before and stopped or an action currently occurring.
2) to suffer a continuous state of disaster
※This definition should have greater effect if the term is used for a situation arising from an action under definition 1.
Synonyms: 1) blunder, make a mistake, (informal) bugger up, (vulgar) fuck up
2) languish, suffer, be tormented, be tortured, (informal) get screwed over, (vulgar) get fucked over
Derivation:
1) From the surname of Kwasi Kwarteng, Chancellor of the Exchequer, in the aftermath of a September 2022 mini-budget widely condemned as erroneous by, among others, the International Monetary Fund and the Bank of England.
2) The same, but more as a result of the apparent rationale for emergency interventions by the Bank of England in the aftermath of the above.
Definition 1: That idiot of a CFO kwartenged the budget, didn't he?
Definition 2: Pension funds would have collapsed within hours had the economy been permitted to kwarteng unimpeded.
Definition 2: Pension funds would have collapsed within hours had the economy been permitted to kwarteng unimpeded.
by bibhutibhushan September 28, 2022
To be blamed for an error by your boss, so that your boss might protect their own position, even though they were equally culpable. The word was invented after the dismissal of a prominent UK politician, Kwasi Kwarteng who served for 38 days as Chancellor of the Exchequer under Prime Minister Liz Truss.
by montyr October 19, 2022
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by Clyde_en_Marland October 14, 2022
A sharp reversal of value, usually in response to pronouncements of irrational fiscal policies.
A decline in value of a sudden and extreme nature.
A decline in value of a sudden and extreme nature.
"Wow, did you see what happened after that government announcement today? My stocks got completely Kwartenged."
by leonard the lion September 28, 2022