Meaning of Chinese money | Babel Free

Definitions

1. Risky alternatives to cash, such as convertible securities, low interest debentures, or warrants, when they are used to purchase shares in a company.
   informal, uncountable
2. Used other than figuratively or idiomatically: see Chinese, money.
   uncountable

Examples

“Some people, though, are beginning to question the growing use of convertible securities - or so-called Chinese money - to acquire companies.”

“[…] who had begun as a bond salesman specializing in the convertible debentures and other so-called “Chinese money” generated by men like Evans and by the conglomerate acquisitions of the sixties […]”

CEFR level