Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
When a flood is imminent, people put bags of sand against the shores of rivers and lakes. The idea is that the sand absorbs the water and slows the flooding, hopefully saving a few basements along the way.
When a company sandbags, they try to keep estimates of financials pretty conservative. They publish underwhelming numbers so that when the real numbers come in, the company looks that much better.