round-trippingn.
/ˈraʊnd ˈtrɪpɪŋ/, U.S. /ˈraʊn(d) ˈtrɪpɪŋ/ Originally U.S.
1. The action of making a round trip.
ΚΠ
1907 Street Railway Jrnl. 19 Oct. 820/1 The advantages of a transfer which unmistakably indicates whether it was issued during a. m. or p. m. hours are self-evident. They eliminate round tripping and are quickly issued.
1943 Chicago Tribune 5 Sept. i. 10/7 Both L and surface lines have expressed great alarm over the prospects of fraud if the transfers between the companies are made effective... They even fear that round tripping will be prevalent.
2010 D. Kiser Top Secret xvii. 305 The Air Force planes had begun to do what they called ‘round tripping’.
2. Finance. The practice of earning profit by borrowing on overdraft and relending in the money markets; (later also) the practice of investing capital abroad and then reinvesting it in its country of origin, in order to take advantage of favourable tax rates, etc., given to foreign investors.
ΘΚΠ
society > trade and finance > financial dealings > types of money-dealing > [noun] > investment > other types of investing or investment
perpetual1833
fundholding1835
capital investment1842
floating1888
flotation1889
carried interest1908
ethical investment1915
National Savings1919
locking up1924
ploughing-back1924
foreign portfolio investment1951
inward investment1962
round-tripping1973
short-termism1986
1973 Times 20 Nov. 19/2 One argument is that M3..has been artificially boosted by a phenomenon known as ‘round-tripping’.
1988 J. C. R. Dow & I. D. Saville Critique Monetary Policy iv. 59 When round tripping offers a profit (as on occasions during the Corset) its scale can grow very substantially.
2007 E. Loro in J. Santiso Visible Hand of China in Lat. Amer. i. 39 Caution must be exercised with FDI data for China, since income flows are affected by round tripping.
This entry has been updated (OED Third Edition, March 2011; most recently modified version published online March 2022).
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n.1907