deep pockets
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English
Pronunciation
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Noun
deep pockets pl (normally plural, singular deep pocket)
- (literally) Pockets long enough inside to accommodate more than average number or size of contents.
- I like the deep pockets on these pants because my cellphone doesn't fall out when I run with my dog.
- It was a good thing his coat had deep pockets because he has big hands and it was quite cold that day.
- (idiomatic) An ample supply of money, especially money which one is willing to spend; the possessor of such money.
- We need an investor with deep pockets to help us get our invention to market.
- 1959 December 21, “The Biggest Fund”, in Time:
- Out of deep pockets in three weeks flowed 18 six-figure gifts totaling $3,100,000.
- 1989, V. Hans, M. Ermann, “Responses to Corporate versus Individual Wrongdoing”, in Law and Human Behavior, volume 13, number 2, page 153:
- It is commonly claimed that juries award plaintiffs who sue corporations larger sums of money because the jurors believe that the corporations, with their "deep pockets," can afford more.
- 2003, Jeffrey Manns, “Insuring against Terror?”, in The Yale Law Journal, volume 112, number 8, page 2529:
- The federal government was the one party with the deep pockets to meet the rent-seeking needs of insurers and high-risk property owners.