Pronounced: JA-buhr-wah-kee, noun
Notes: I know bits of the poem, but I wasn’t sure of the meaning; you might know it
Yesterday’s phrase
The phrase sleeping beauty is “someone or something that lies dormant for a long time”
First usage
Our phrase came into English in the mid-1700s
Background / Comments
Our phrase came from the fairy tale about Sleeping Beauty (I’m not going to give the plot here). It has a special meaning in the world of finance: it refers to an asset that is an attractive target for takeover, but that has not yet been approached by someone.