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