dry powder

Arid particulate substance

Dry powder is cash or liquid assets held in reserve, ready to deploy when opportunity arises.

The term comes from keeping gunpowder dry so it fires when needed.

In finance and business, it typically refers to funds available for investment or acquisition: The private equity firm has $2 billion in dry powder.

Having dry powder means being positioned to act quickly when markets dip or deals emerge.

finance

capital

Wealth used for investment

venture capital · private equity · buyouts · acquisitions · leverage · assets · treasury · backing · endowment · portfolio

reserves

stockpile

Accumulated reserve supply

resources · savings · nest egg · surplus · inventory · provisions · emergency funds · rainy day · buffer · contingency

Categories
Opposites
physical state/moisture

dry powderliquid

Free-flowing substance

paste · solution · slurry · solid block · slush

financial liquidity/deployment

dry powdersunk costs

Irrecoverable past expenditures

maxed out · overleveraged

preparedness/readiness

dry powderunpreparedness

Lacking readiness beforehand

caught off guard · defenseless · spent · tapped out · overextended

Family

dry, powder, drier, dryer, dries, dried, drying, drily, dryly

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Rated G