Hello, you have come here looking for the meaning of the word
IBG YBG. In DICTIOUS you will not only get to know all the dictionary meanings for the word
IBG YBG, but we will also tell you about its etymology, its characteristics and you will know how to say
IBG YBG in singular and plural. Everything you need to know about the word
IBG YBG you have here. The definition of the word
IBG YBG will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
IBG YBG, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Phrase
IBG YBG
- (finance) Initialism of I'll be gone, you'll be gone (I'll have gotten my commission; you'll have sold out to the next guy; neither of us will be held accountable).
2008 October 14, Thomas L. Friedman, “Why How Matters”, in The New York Times:Our financial bubble, like all bubbles, has many complex strands feeding into it — called derivatives and credit-default swaps — but at heart, it is really very simple. We got away from the basics — from the fundamentals of prudent lending and borrowing, where the lender and borrower maintain some kind of personal responsibility for, and personal interest in, whether the person receiving the money can actually pay it back. Instead, we fell into what some people call YBG IBG lending: “you’ll be gone and I’ll be gone” before the bill comes due.
2008, Paul B. Carroll with Chunka Mui, Billion-Dollar Lessons, page 50:opens up boundless room for creative financial engineering and no lack of opportunity for alchemy and the manifestation of IBG YBG behavior.