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Sacred cow

• Is an asset, position, or project which is considered protected by management. Often this investment is presented as off-limits or non-negotiable.

 
 Embedded terms in definition
 Asset
Position
 
 Related Terms
 Cash cow

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty. - Sir Winston Leonard Spenser Churchill

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