schmuck insurance
schmuck insurance by Delta Sailor November 16, 2016
Word of the Day on October 7, 2024
Urban Dictionary Merch
Your favorite words on things you can wear, drink from, read, or give to a friend.
The Urban Dictionary Store sells gifts you’ll have to explain.
Schmuck-insurance
schmuck insurance
noun
A deal structure used when a seller urgently needs cash but refuses to sell an asset for far less than it’s worth. Instead of simply taking a lowball offer, the seller gives the buyer an immediate discount or ownership stake in exchange for a contractual right to share in the upside if the buyer later resells the asset for more.
It’s called schmuck insurance because the seller protects themselves from feeling like a schmuck after accepting cash in a desperate moment.
noun
A deal structure used when a seller urgently needs cash but refuses to sell an asset for far less than it’s worth. Instead of simply taking a lowball offer, the seller gives the buyer an immediate discount or ownership stake in exchange for a contractual right to share in the upside if the buyer later resells the asset for more.
It’s called schmuck insurance because the seller protects themselves from feeling like a schmuck after accepting cash in a desperate moment.
Lorenzo’s third-generation family business was in a serious cash crunch, so he needed to sell 50% of his inventory immediately. Rather than give it away at a fire-sale price, he structured a schmuck-insurance deal with Seth that gave Lorenzo cash upfront, a share of the upside, and full transparency into the eventual resale price. Lorenzo was thrilled that Seth offered him schmuck-insurance.
Schmuck-insurance by Seddy Mazel October 8, 2026
Related Words
More from Urban Dictionary
piddlefart
piddlefart by Rene April 25, 2005
Word of the Day on October 9, 2026
wrongun
anyone who succeeds in disgracing/over indulging themselves in the throws of clubland
square grouper
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.
square grouper by slipsheet November 6, 2004
Word of the Day on October 7, 2026
Bunhead
A girl who does ballet and only talks about ballet. Her schedule is filled with dance classes which does not allow her to do any other activity.
trucker's tan
A sunburn or suntan focused on the left arm. It is caused by the left side of the body being the only half that gets exposed to sunlight while driving. Presumably, it would be located on the right side of the body in countries where they drive on the left side of the road.
trucker's tan by population361 May 30, 2006
Word of the Day on October 5, 2026