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Stoozing Stoozing is the act of borrowing money at an interest rate of 0%, a rate typically offered by credit card companies as an incentive for new customers. The money is then placed in a high interest bank account to make a profit from the interest earned. The borrower (or "stoozer") then pays the money back before the 0% period ends. The borrower does not typically have a real debt to service, but instead uses the money loaned to them to earn interest. Stoozing can also be viewed as a form of arbitrage. ==Etymology==
The word "stoozing" came into existence from posts on the Motley Fool UK discussion boards in early 2004.〔DavidB007 referred to "doing a 'Stooz'" on 8/1/2004. The first post referring to Stoozing was by Blarm on 1/2/2004 ((Stoozing FAQ ))〕 Many people were earning money on 0% deals before 2004, but one discussion board contributor, Stooz, was apparently prolific in this. This person's technique therefore came to be referred to as "doing a Stooz". In the United States, the term has gained a similar usage.〔Usage in the US: (WorldWideWords )〕 The term "rate tart" is sometimes incorrectly applied to this practice. A rate tart frequently moves a debt (or cash balance) around in order to get the best interest rate, rather than taking advantage of the difference between two interest rates.〔(Rate Tarting Introduction ) from Stoozing.com〕
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Stoozing」の詳細全文を読む
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