deep pockets

Language: en

Meaning: (literally)Pocketslong enough inside to accommodate more than average number or size of contents.I like thedeep pocketson these pants because my cellphone doesn't fall out when I run with my dog.It was a good thing his coat haddeep pocketsbecause he has big hands and it was quite cold that day.; (idiomatic)Anamplesupply ofmoney, especially money which one iswillingtospend; thepossessorof such money.We need an investor withdeep pocketsto help us get our invention to market.1959December 21, “The Biggest Fund”, inTime:Out ofdeep pocketsin three weeks flowed 18 six-figure gifts totaling $3,100,000.1989, V. Hans, M. Ermann, “Responses to Corporate versus Individual Wrongdoing”, inLaw and Human Behavior, volume13, number 2, page153:It is commonly claimed that juries award plaintiffs who sue corporations larger sums of money because the jurors believe that the corporations, with their "deep pockets," can afford more.2003, Jeffrey Manns, “Insuring against Terror?”, inThe Yale Law Journal, volume112, number 8, page2529:The federal government was the one party with thedeep pocketsto meet the rent-seeking needs of insurers and high-risk property owners.

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