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cresset

[ kres-it ]

noun

  1. a metal cup or basket often mounted on a pole or suspended from above, containing oil, pitch, a rope steeped in rosin, etc., burned as a light or beacon.


cresset

/ ˈkrɛsɪt /

noun

  1. history a metal basket mounted on a pole in which oil or pitch was burned for illumination
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of cresset1

1325–75; Middle English < Anglo-French, Old French craisset, equivalent to cras grease + -et -et
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Word History and Origins

Origin of cresset1

C14: from Old French craisset, from craisse grease
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Example Sentences

“I don’t see the underpinnings of an economic downturn,” said Jack Ablin, chief investment officer and founding partner at Cresset Capital.

“I just don’t see a catalyst for any kind of rate cut right now,” said Jack Ablin, chief investment officer at Cresset, an asset management and advisory firm.

"A lot of investors are starting to look out into next year. There's a growing sense the economy is slowing, that price growth will likely continue to fall, that profit growth will likely fall," said Jack Ablin, chief investment officer at Cresset Capital, in Chicago.

From Reuters

"A lot of investors are starting to look out into next year. There's a growing sense the economy is slowing, that price growth will likely continue to fall, that profit growth will likely fall," said Jack Ablin, chief investment officer at Cresset Capital, in Chicago.

From Reuters

The situation, however, bears monitoring, said Jack Ablin, chief investment officer at Cresset Capital.

From Reuters

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