The New York Stock Exchange started out as a coffee house.
cronyism
(noun) favoritism shown to friends and associates (as by appointing them to positions without regard for their qualifications)
Source: WordNet® 3.1
cronyism (countable and uncountable, plural cronyisms)
Favoritism to friends without regard for their qualifications, especially by appointing them to political positions.
Coordinate terms: nepotism, patronage
Source: Wiktionary
22 November 2024
(noun) (nautical) a line (rope or chain) that regulates the angle at which a sail is set in relation to the wind
The New York Stock Exchange started out as a coffee house.