Today’s “Phrase of the Day” is have skin in the game and its meaning is “It is primarily used to convey financial risk/stake in any kind of venture, but you could stretch it to mean some kind of emotional investment; to have a (financial) risk/stake in the outcome of a situation. It is a common saying in business, gambling, finance, and politics”.
Example Sentence: There is empirical evidence to show that it may have been Hindenburg’s ‘skin in the game’ approach that helped establish its credibility among market participants. In August 2022, another foreign research firm, CreditSights, published a similar report raising questions on the governance practices and share valuations of the Adani Group…The CreditSights report did not elicit much of an uproar and the stock market brushed it off with no impact on the share price of the Adani companies.
This phrase is present in Lessons from Hindenburg’s ‘skin in the game’ approach and click here to read it.
Courtesy: The Hindu
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