Cats and Dogs

Encyclopedia : C : CA : CAT : Cats and Dogs

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Cats and dogs is a Wall Street slang used to describe:

1. Nonperforming securities, or
2. Highly speculative securities.

It is also the name of a 2001 children's film: Cats & Dogs

Those are both derived from the English phrase It's raining cats and dogs, which indicates heavy rainfall.

 

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