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Dry powder
Meaning
Noun
●
A
powder
found in a
fire extinguisher
that is
expelled
to
smother
the
fire
●
In Finance:
cash (or
cash
-like
securities
)
kept in
reserve
in case of
need.
●
Used
other than
figuratively
or
idiomatically
: see
dry
, powder.
Sourced from
Wiktionary
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