Etymology From an extension of the word bazoo (“mouth, boastful talk”), which ultimately probably stems from Dutch bazuin (“trumpet”). In the finance sense first used by policymakers during the European debt crisis (2010).
Engineering, Government, Military, Natural sciences, Physical sciences, Politics, Tools, War, Weaponry A shoulder-held rocket launcher used as an antitank weapon, developed by America during World War II and so-called from its resemblance to the bazooka musical instrument.
3
Broadly Any shoulder-fired rocket grenade launcher.
Suppose the EFSF buys some bonds. That will push down yields for awhile.^([sic]) But what happens when the money starts to run out? Yields will go back up. A firebreak/firewall/bazooka needs unlimited funds to work.2012 June 21, Matthew O'Brien, “Why the Euro Crisis Will Never End in 1 Chart”, in The Atlantic, archived from the original on 01 Aug 2013:
“I don’t think [policymakers]^([sic]) realise it’s not enough,” said a veteran fixed-income investor in Hong Kong. “You need some big bazooka action to improve sentiment as a whole.”2022 August 24, Thomas Hale, Cheng Leng, Hudson Lockett, “Investors price in $130bn loss on China developers’ dollar bonds”, in Financial Times, archived from the original on 24 Aug 2022:
Etymology From an extension of the word bazoo (“mouth, boastful talk”), which ultimately probably stems from Dutch bazuin (“trumpet”). In the finance sense first used by policymakers during the European debt crisis (2010).
1
To shoot with a bazooka.
bazooka
noun
Etymology Alteration of Spanish bazuco, basuco, derived from base. Doublet of basuco.