laddering

noun
  1. the practice of investing in multiple securities with different maturity dates to create a steady income stream
  2. Usage: finance
  3. a run or tear in hosiery that creates a ladder-like pattern
  4. Usage: British
verb
  1. present participle of ladder: creating runs in hosiery
  2. present participle of ladder: arranging investments with staggered maturity dates
  3. Usage: finance

Examples