bazooka

Definition

A primitive trombone having wide tubes.

Etymology

From an extension of the word bazoo (“mouth, boastful talk”), which ultimately probably stems from Dutch bazuin (“trumpet”). In the finance sense first used by policymakers during the European debt crisis (2010).

Example Sentences

• "Suppose the EFSF buys some bonds. That will push down yields for awhile.^([sic]) But what happens when the money starts to run out? Yields will go back up. A firebreak/firewall/bazooka needs unlimited funds to work."
• "“I don’t think [policymakers]^([sic]) realise it’s not enough,” said a veteran fixed-income investor in Hong Kong. “You need some big bazooka action to improve sentiment as a whole.”"