Meaning of stooze | Babel Free

Definitions

To borrow money at low to no interest for the purpose of making a profit by depositing it for higher interest.

slang

Examples

“My reason⟳ for including Jack's inspiring comments is less about the practical point⟳ of how to stooze and far more about thinking.”

“To stooze, you transfer⟳ the balance from the credit card and stash it in a high-interest savings account, one with as high a rate of interest⟳ as possible.”

“In order⟳ to stooze effectively, you need⟳ credit cards which allow⟳ you to make⟳ payments to a current account or other bank account where you could then earn⟳ interest⟳.”

“So the best way to stooze is likely to involve⟳ putting as much of your spending as possible on to a card that charges 0pc on purchases.”

CEFR level