dead money
Folded players' chips
Dead money refers to funds that are tied up unproductively, generating no returns or value.
In poker, dead money is chips contributed to the pot by players who have since folded, making the pot more attractive to remaining players.
In sports contracts, particularly American football, dead money is salary cap space consumed by players no longer on the team, typically due to guaranteed money still owed after a trade or release.
The team is carrying $15 million in dead money from last year's cuts.
Unrecoverable past outlay
- write-offRecorded value reduction
- unrecoverableImpossible to regain
- bad betUnwise wager
- white elephantBurdensome, useless possession
misallocation · losses · depreciation · unprofitable · dud · valueless · underperforming · inefficient
sunk cost
Unrecoverable past outlay
- write-offRecorded value reduction
- unrecoverableImpossible to regain
- bad betUnwise wager
white elephant · misallocation · losses · depreciation · unprofitable · dud · valueless · underperforming · inefficient · opportunity cost
antes
Mandatory poker contributions
dead moneyworking capital
Assets minus current liabilities
venture capital · smart money · liquid assets · productive · working
dead moneyshark
Cartilaginous marine predator
sharp · professional player · grinder · live one · threat
dead, money, deaden, deadened, deadening, deadly, deadness, deader, deadest