"schmuck insurance" meaning in English

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "schmuck",
        "3": "insurance",
        "t1": "fool, idiot"
      },
      "expansion": "schmuck (“fool, idiot”) + insurance",
      "name": "compound"
    }
  ],
  "etymology_text": "From schmuck (“fool, idiot”) + insurance.",
  "head_templates": [
    {
      "args": {
        "1": "-"
      },
      "expansion": "schmuck insurance (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Business",
          "orig": "en:Business",
          "parents": [
            "Economics",
            "Society",
            "Social sciences",
            "All topics",
            "Sciences",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "2023 April 5, Byrne Hobart, Capital Gains",
          "text": "The solution? Instead of selling 100% of the business, the seller either keeps a stake, or keeps an option to buy back part of it later. This solution, which was apparently popularized by Time Warner CEO Dick Parsons in the early 2000s ($, WSJ), is known as \"schmuck insurance”.",
          "type": "quotation"
        },
        {
          "ref": "2011 June 13, Shira Ovide, “The Benefits of Deal 'Schmuck Insurance'”, in The Wall Street Journal",
          "text": "In Wall Street parlance this is known as \"schmuck insurance,\" a reference to the rather vulgar Yiddish word that has come to mean the equivalent of \"idiot.\"",
          "type": "quotation"
        }
      ],
      "glosses": [
        "The situation where an owner sells a company but retains a portion in case the price goes up in the future."
      ],
      "id": "en-schmuck_insurance-en-noun-fVytLnpu",
      "links": [
        [
          "business",
          "business"
        ],
        [
          "owner",
          "owner"
        ],
        [
          "sell",
          "sell"
        ],
        [
          "company",
          "company"
        ],
        [
          "portion",
          "portion"
        ]
      ],
      "raw_glosses": [
        "(business, informal) The situation where an owner sells a company but retains a portion in case the price goes up in the future."
      ],
      "tags": [
        "informal",
        "uncountable"
      ],
      "topics": [
        "business"
      ]
    }
  ],
  "word": "schmuck insurance"
}

{
  "etymology_templates": [
    {
      "args": {
        "1": "en",
        "2": "schmuck",
        "3": "insurance",
        "t1": "fool, idiot"
      },
      "expansion": "schmuck (“fool, idiot”) + insurance",
      "name": "compound"
    }
  ],
  "etymology_text": "From schmuck (“fool, idiot”) + insurance.",
  "head_templates": [
    {
      "args": {
        "1": "-"
      },
      "expansion": "schmuck insurance (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English compound terms",
        "English entries with incorrect language header",
        "English informal terms",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with quotations",
        "English uncountable nouns",
        "en:Business"
      ],
      "examples": [
        {
          "ref": "2023 April 5, Byrne Hobart, Capital Gains",
          "text": "The solution? Instead of selling 100% of the business, the seller either keeps a stake, or keeps an option to buy back part of it later. This solution, which was apparently popularized by Time Warner CEO Dick Parsons in the early 2000s ($, WSJ), is known as \"schmuck insurance”.",
          "type": "quotation"
        },
        {
          "ref": "2011 June 13, Shira Ovide, “The Benefits of Deal 'Schmuck Insurance'”, in The Wall Street Journal",
          "text": "In Wall Street parlance this is known as \"schmuck insurance,\" a reference to the rather vulgar Yiddish word that has come to mean the equivalent of \"idiot.\"",
          "type": "quotation"
        }
      ],
      "glosses": [
        "The situation where an owner sells a company but retains a portion in case the price goes up in the future."
      ],
      "links": [
        [
          "business",
          "business"
        ],
        [
          "owner",
          "owner"
        ],
        [
          "sell",
          "sell"
        ],
        [
          "company",
          "company"
        ],
        [
          "portion",
          "portion"
        ]
      ],
      "raw_glosses": [
        "(business, informal) The situation where an owner sells a company but retains a portion in case the price goes up in the future."
      ],
      "tags": [
        "informal",
        "uncountable"
      ],
      "topics": [
        "business"
      ]
    }
  ],
  "word": "schmuck insurance"
}