arrowgrass

/ ˈærəʊˌɡrɑːs /

noun

1. either of two species, sea arrowgrass ( Triglochin maritima ) or marsh arrowgrass ( T. palustris ), of monocotyledonous perennials having long thin fleshy leaves and spikes of inconspicuous flowers

Word History and Origins

Origin of arrowgrass¹

C18: named from the shape of the fruits when open

Example Sentences

Under the plan, Energy Future’s 80% stake in Oncor is to be taken over by a consortium of investors from inside and outside the massive bankruptcy proceeding, including an affiliate of Hunt Consolidated Inc., Anchorage Capital Group, Arrowgrass Capital Partners, BlackRock, Centerbridge Partners, the Blackstone Group BX 2.55 % ’s GSO Capital Partners LP, Avenue Capital Group and the Teacher Retirement System of Texas.

From Wall Street Journal

Foundation would pay between $100 million and $200 million for at least a 20 percent stake in Arrowgrass, the paper reported, citing unnamed sources.

From Reuters

Deutsche Bank's 17.5 percent stake in Arrowgrass would be included in that sale, the paper said.

From Reuters

Hedge fund Arrowgrass Capital Partners said in a letter to Plains on Tuesday that it plans to vote its 3.6 percent stake against Freeport's bid, arguing that Plains shares are worth more.

From Reuters

Toby Fenwick, Portman's public sector practice director, who previously worked for NatWest and the Treasury, described the plan as "putting real flesh on the 'big society'"."It would be the only pro bono work the City has ever done," added James Conway of Portman, who previously worked for Deutsche Bank and hedge funds GLG and Arrowgrass.

From The Guardian