dry powder
B2CEFR level
60/100Rarity: rare
TechnicalRegister
Cash or reserves held ready to deploy when the moment is right.
We are sitting on plenty of dry powder for when valuations finally come back to earth.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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