stoozing


Also found in: Financial, Wikipedia.

stoozing

(ˈstuːzɪŋ)
n
(Banking & Finance) informal the practice of borrowing money at low interest for investment in a high-interest account
Mentioned in ?
References in periodicals archive ?
1Is UNLESS you're seriously financially savvy and are stoozing (where you make money by playing 0% credit card deals - see mse.me/stooze) only borrow if you really need to.
It's called stoozing - earning more interest on money you've borrowed.
Stoozing: borrowing money from a credit card during the introductory interest-free period, then investing that money to earn the interest as a profit.