"walk-away money"

[Dan Goncharoff]

There is a third sense, used in real estate, referring to a non-refundable
deposit you can "walk away" from if you can't get financing.

DanG


On Sat, Nov 23, 2013 at 8:17 PM, Joel S. Berson <Berson at att.net> wrote:

> ---------------------- Information from the mail header
> -----------------------
> Sender:       American Dialect Society <ADS-L at LISTSERV.UGA.EDU>
> Poster:       "Joel S. Berson" <Berson at ATT.NET>
> Subject:      Re: "walk-away money"
>
> -------------------------------------------------------------------------------
>
> The bottom line is that none of the two or three senses supposed for
> "walk-away", n. attrib., is in the OED.  The phrase "walk-away money"
> perhaps deserves its own additional entry.
>
> Dan Goncharoff wrote:
> >I see two meanings in active use. Which one, to you, is transparent?
> >
> >I see it refer to money you take to walk away; I also see it as money you
> >leave on the table -- you walk away from -- in a sales context.
>
> I see I forgot to give the quotation I had encountered, thinking it
> was so transparent!  Forty workers at a metal manufacturing firm
> purchased a number of Massachusetts lottery tickets, and one paid off
> $1 million.  They will "take home" between $4,000 and $20,000,
> depending on their varying contributions.  One of the winners said:
>
> "Nobody gets walk-off money.  But we got a lot of nice Christmases
> coming up now."
>
> This I think is Dan's first meaning -- the money is not enough to
> retire (from the metal-working job) on.  "If I were offered that
> little money to retire, I would walk away from the table."
>
> At 11/23/2013 02:51 PM, Galen Buttitta wrote:
> >I see it in the sense of *Who Wants to Be a Millionaire?* when Regis would
> >give a contestant the option to walk away with the money.
>
> That's Dan's first meaning, and (as I say) I think also my example.
>
> >On Sat, Nov 23, 2013 at 12:43 PM, Victor Steinbok <aardvark66 at gmail.com
> >wrote:
> >
> > > ---------------------- Information from the mail header
> > > -----------------------
> > > Sender:       American Dialect Society <ADS-L at LISTSERV.UGA.EDU>
> > > Poster:       Victor Steinbok <aardvark66 at GMAIL.COM>
> > > Subject:      Re: "walk-away money"
> > >
> > >
> >
> -------------------------------------------------------------------------------
> > >
> > > I usually see the first one, but not the second. The first is sometimes
> > > used to describe a settlement in a nuisance suit or an amount promised
> > > to be either paid or refunded in case a proposed merger or acquisition
> > > falls apart. E.g., T-Mobile got guaranteed cash infusion upfront from
> > > the attempted merger with AT&T, but AT&T got some walk-away money when
> > > the regulators killed the merger.
> > >
> > > The second sense DG proposes sounds to me like "acceptable losses".
> > > Given this perfectly adequate terminology, I can't imagine frequent use
> > > of the alternative.
>
> I'm with Victor about Dan's second sense.  I can see the phrase used
> verbally -- "I walked away from it" -- but not as a
> noun-attributive.  (Dan didn't indicate whether the walker-away was
> the buyer or the seller, but presumably it can be either -- the
> amount could be too high for the buyer or too low for the seller.
>
> Joel
>
> > >
> > >      VS-)
> > >
> > > On 11/23/2013 1:22 PM, Dan Goncharoff wrote:
> > > > I see two meanings in active use. Which one, to you, is transparent?
> > > >
> > > > I see it refer to money you take to walk away; I also see it as
> money you
> > > > leave on the table -- you walk away from -- in a sales context.
> > > >
> > > > DanG
> > > >
> > > >
> > > > On Sat, Nov 23, 2013 at 10:50 AM, Joel S. Berson <Berson at att.net>
> wrote:
> > > >
> > > >> "Walk-away money" -- transparent in meaning, but I don't see
> > > >> "walk-away" (presumably an attributive?) in this sense in the
> > > >> OED.  It's not included in "walk-away  n." under "walk, v."
> > > >>
> > > >> Presumably akin to "walk-off" (as in baseball), which has been
> > > >> discussed recently.  Looking in the OED, I don't see the baseball
> > > >> sense (can't remember whether that's been discussed).
> > > >>
> > > >> Googling Web and Books for "walk-away money", I see only this before
> > > 2001:
> > > >> [PDF]  (026-037)PMM Employees 9/25/00 11:20 AM Page 26
> > > >>
> > > >>
> > >
> >
> https://tice.agroparistech.fr/coursenligne/courses/SOCIOLOGIEETMANAGEME/document/mergers%20and%20acquisition/Peopleprobleminmergers2000McKinsey.pdf?cidReq=SOCIOLOGIEETMANAGEME
> > > >> The most important factor to consider when you are trying to retain
> > > >> and motivate people is how much "walk-away" money they receive from
> the
> > > >> merger.
> > > >>
> > > >> I have not tried to find "walk-away" in the same sense but not with
> > > >> "money".  There is the usual problem of hyphen = space.
> > > >>
> > > >> Joel
> > >
> > > ------------------------------------------------------------
> > > The American Dialect Society - http://www.americandialect.org
> > >
> >
> >------------------------------------------------------------
> >The American Dialect Society - http://www.americandialect.org
>
> ------------------------------------------------------------
> The American Dialect Society - http://www.americandialect.org
>

------------------------------------------------------------
The American Dialect Society - http://www.americandialect.org