"Dry powder"
Say this instead: cash reserves
How "Dry powder" shows up at work
Borrowed from the military (literally keeping gunpowder dry so it fires when needed) and now deployed in every investor update where someone wants to sound strategic about not having spent money yet. Venture capitalists and CFOs are the primary carriers.
We still have significant dry powder to deploy if the right acquisition presents itself.
We still have significant cash reserves to use if the right acquisition presents itself.
Corporate Rank: Managing Director · Category: Everyday Office Jargon
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