BLUESKYLAW

Blue"-sky"law`.

Definition: A law enacted to provide for the regulation and supervision of investment companies in order to protect the public against companies that do not intend to do a fair and honest business and that offer investments that do not promise a fair return; -- so called because the promises made by some investment companies are as boundless or alluring as the blue sky, or, perhaps, because designed to clear away the clouds and fogs from the simple investor's horizon. [Colloq.]

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

12 February 2025

MEGACOLON

(noun) an abnormal enlargement of the colon; can be congenital (as in Hirschsprung’s disease) or acquired (as when children refuse to defecate)


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Coffee Trivia

International Coffee Day (September 29) is an occasion to promote and celebrate coffee as a beverage, with events occurring in places across the world. A day to promote fair trade coffee and raise awareness for the coffee growers’ plight. Other countries celebrate this event on October 1.

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