Hybrid

Hybrid (pronounced hahy-brid)

(1) In genetics (plant biology, zoology etc), the offspring of two animals or plants of different breeds, varieties, species, or genera, especially as produced through human manipulation for specific genetic characteristics.

(2) In medical anthropology, a person or group of persons produced by the interaction or crossbreeding of two unlike cultures, traditions etc.

(3) A vehicle that combines an internal-combustion engine with one or more electric motors powered by batteries.

(4) In linguistics, composed of elements originally drawn from different languages, as a word.

(5) In the pedigree pet industry, the modern term, replacing the previous mongrel to describe offspring of mixed origin; contested in the industry.

(6) As a descriptor, anything derived from heterogeneous sources, or composed of elements of different or incongruous kinds; animal, vegetable, mineral or weightless.

(7) Any device which can fulfil two distinct purposes such as "mountain" bikes which can also be used on the road.

(8) In physics, an electromagnetic wave having components of both electric and magnetic field vectors in the direction of propagation.

(9) In golf, a club that combines the characteristics of an iron and a wood.

(10) In electronics, a circuit constructed of individual devices bonded to a substrate or PCB.

(11) In computing, a computer that is part analog computer and part digital computer (and speculatively (1) part conventional and part quantum or (2) part machine and part biological).

1601: From the Middle English hybrid (offspring of plants or animals of different variety or species), from the Latin hybrida, a variant of ibrida (mongrel), originally describing the offspring of a tame sow and wild boar, the origin of which is unknown but etymologists suggest it likely evolved under influence of the Ancient Greek ὕβρις (húbris) (outrage) and it was cognate with the Latin iber & imbrum (mule).  Hybrid was first noted in English in 1601 but use was scant outside of technical use until stimulated in the 1850s by the boom in the sciences of botany and plant breeding, the adjective attested from 1716.  The first hybrid car was the Lohner-Porsche Mixte Hybrid, released in 1901 and based on Ferdinand Porsche’s (1875-1951) earlier electric vehicle, the Electromobile although the first car actually badged as "hybrid" to indicate an "automobile powered by (1) an engine running on electricity and (2) an engine running on fossil fuel was released only in 2002.  The noun hybridity (state or condition of being hybrid) dates from 1823 while the intransitive verb hybridize (cross or inter-breed) was from 1802, the transitive sense of "cause to interbreed" emerging in 1823.  Hybrid is a noun & adjective, hybridize is a verb and hybridity, hybridism & (the awful) hybridisation are nouns; the noun plural is hybrids.

Categories of Eyelash Extensions

Classic Eyelash Extensions give a semi-permanent mascara look.  The technique is to attach what’s as close as possible to the thickness of the natural lash to each strand able to support the load.  They can be applied in different lengths, thereby emulating either the look of mascara only or something both longer and lusher.  Lifespan is two-four weeks depending on body chemistry, lifestyle and care routines.

Clusters or Party lashes are intended to be single-use, worn for no more than a day although, under good conditions, they can last several.  It’s not recommended to wear them for more than two-three days because, being much heavier than other extensions, they can cause damage.

Italian volume.  The lovely "eyelashes" on the Lamborghini P400 Miura (1966-1968) were carried over to the P400S (1968-1971) but were unfortunately not used on the P400SV (1971-1973).  Because of the fundamental design, the Miura had flaws which could to some extent be ameliorated but never wholly fixed.  Few now care because it's so achingly beautiful.    

Express lashes are the A&E of the profession.  Done in minutes, the strands are simply glued to the natural lashes and, because eyelashes grow at different rates, damage can happen if they’re worn too long.  They don’t provide a look as good as other techniques but, apart from their intended purposes of cheapness and speed, there exists in subsets of several groups, the niche market of the obviously fake.

A mix of Classic Lash Extensions and either Pre-Made or Russian Volumes, Hybrid volumes make possible some dramatically textured looks but, unless the mix is purely symmetrical, it needs a trained operator to weave a pleasing design.  The most popular contemporary interpretation usually blends strategically-placed long lengths of classic lashes, filled-in between with volume extensions.  Some operators call this look The Spiky.

Russian Volume modelled by Lindsay Lohan, 2010.  One of a series of monochrome images by photographer Tyler Shields (b 1982).

Real Russian Volume lashes are much lighter than classics and are manipulated by hand, with special tweezers, to create a fan or bouquet of lashes which is then placed onto a single natural lash.  Slow and expensive, each fan is wrapped around the natural lash, not just placed on top and that creates greater structural integrity so they tend to be longer-lasting.  Some lower-cost operators sell what they describe as Russian Volume using pre-made fans which are just placed on top.

Pre Made Volumes are fans or bouquets of lightweight lash extensions, glued or heat-bonded at the base.  They emulate the look of Russian Volume but don’t last as long; at a distance the two are indistinguishable but up-close, the pre-made fans can’t match the flow and flutter of the voluminous Russian.

Mule

Mule (pronounced myule)

(1) The sterile offspring of a female horse and a male donkey; a generalised term for any hybrid between the donkey and the horse.

(2) In informal use, a very stubborn person.

(3) In botany, any sterile hybrid.

(4) As drug mule, slang for a person paid to carry or transport contraband, especially drugs, for a smuggler.

(5) A small locomotive used for pulling rail cars, as in a coal yard or on an industrial site, or for towing, as of ships through canal locks.

(6) As spinning mule, a machine for spinning cotton or other fibers into yarn and winding the yarn on spindles.

(7) A style of open-backed women’s shoe, historically a lounging slipper that covers the toes and instep or only the instep.

(8) In nautical use, a large triangular staysail set between two masts and having its clew set well aft.

(9) In numismatics, a hybrid coin having the obverse of one issue and the reverse of the succeeding issue, or vice versa.

(10) A cocktail in various flavors (Jamaican Mule, Kentucky Mule & Moscow Mule) based respectively on Rum, Bourbon whiskey and Vodka

(11) As mule-deer, a species native to the western United States and so-named because of its large ears.

Pre 1000: From the Middle English mule, from the Anglo-Norman mule and the Old English mūl, both from the Latin mūlus, from the primitive Indo-European mukslós.   Related were the Middle Dutch mūle, the Old French mul (mule, hinny), the Late Latin muscellus (young he-mule), the Old East Slavic мъшкъ (mŭškŭ) (mule), the Phocian Ancient Greek  μυχλός (mukhlós) (he-ass) and the German Maul, Maultier & Maulesel, again derived from Latin.  It’s thought the Latin word was influenced by the Proto-Italic musklo- which is probably (along with the Ancient Greek myklos (pack-mule) and the Albanian mushk (mule)) a loan-word from one of the languages of Asia Minor.  The noun muleteer (mule driver) dates from the 1530s and was from the French muletier, from mulet (mule), a diminutive formation which in French displaced the Old French mul as the word for "mule".  The adjective mulish (possessing the characteristics imputed to the mule) is used of people thought obstinate rather than hard working; the word was in use by 1751 and the  alternative is mulelike (or mule-like), mulesque apparently either never created or not catching on. Mule is a noun & verb, mulishness & muleteer are nouns, mulishly is an adverb and mulish & mulelike are adjectives; the noun plural is mules. 

The mule became a popular pack animal because it was aid to "combine the strength of the horse with the endurance and surefootedness of the ass" and for centuries mules extensively have been bred to select for one characteristic or the other, those working mountainous trails a different beast from those on the plains.  To be zoologically correct, a mule is properly the offspring of a he-ass and a mare; that of a she-ass and a stallion is technically a hinny while a mule born of a horse and a she-ass is a burdon, a late fourteenth century creation based on the Latin burdonem.  Ordinarily, male mules incapable of procreation and commonly the word is applied allusively of hybrids and things of mixed nature.  The phrase "test mule" entered engineering (and later product development generally) in the 1920s to describe devices built for purposes of evaluation and thus expendable, a fate suffered no doubt by many an unfortunate. 

The mule's well-deserved reputation as a stellar beast of burden appears in the odd idiomatic form but it's the other traits which accounts for most popular use and perhaps surprisingly, given "stubborn as a mule" now appears in much greater frequency than "dumb as a mule" .  The meaning “stupid person” was noted by the 1470s, that of someone "obstinate or stubborn” not emerging until the eighteenth century although the latter use has endured and "working like a mule" proved an acceptable replacement when "working like an N-word" became proscribed.  There must have been some grounds for the beast picking up its reputation for obstinacy but there seems no evidence of the origin of that but it must sufficiently have been recognized to gain currency and become a proverbial descriptor of stubbornness.  A soul with such a tendency said to be "mulish"; within the family, Winston Churchill's (1875-1965; UK prime-minister 1940-1945 & 1951-1955) daughter Sarah (1914-1982) was nicknamed “the mule” (the English upper classes do like nick-names).  It seems likely the phrase "kick like a mule" was born of bitter experience although modern use is almost exclusively figurative, stronger forms of alcoholic drink commonly attracting the label.  It was formalized as the "Moscow Mule" (a cocktail made with vodka, ginger beer, and lime juice) although in the Western intelligence community that term was used also of traitors in the pay of the Soviet Union.  That use was probably modelled on "drug mule", underworld slang for "a smuggler of narcotics" which was noted as early as 1935 and came into general use in the post-war years.  The mule-deer of the western United States picked up the name because of its strikingly large ears.  

The so-named spinning machine dates from 1793 (first known as the "mule jenny" in 1788), the name derived from it being a "hybrid" of Richard Arkwright's (1732–1792) drawing-rollers and the spinning jenny invented by the English carpenter James Hargreaves (circa 1720–1778).  In what seems to have been an imaginative flight of etymological fancy, it was in the eighteenth century suggested the name "mule" was applied because the thing without complaint did so much of the labor which would otherwise have to be undertaken by human hand but there seems no doubt the inspiration was the machine's hybrid origin.  The use to describe the loose slipper worn as footwear was drawn into English in the 1560s from the Old French mule (slipper) from the Latin mulleus calceus (literally “red high-soled shoe”), a shoe worn by Roman patricians and associated with magistrates.  This footwear is unrelated to the long tradition of the Roman Catholic Pope wearing red shoes, the association tracing back to the notion of the blood of Christ falling on his feet as he carried on his back the cross on which he was crucified on Golgotha.  They were made again famous by fashion icon Benedict XVI (1927–2022; pope 2005-2013, pope emeritus 2013-2022) although his successor, Francis (b 1936; pope since 2013), favours plain black.

The mule the clog and the slide

Lindsay Lohan in Alexander Wang Amelia mules, Mykonos, June 2019.  Note the low heel, an example of how the term “mule" is used now by manufacturers to describe just about anything with some degree of openness in the heel.

Mules, by definition are backless but may be sling-backs and can have open or closed toes.  There are many who would classify these as sandals and some manufacturers agree.  In this context "mule" was from the Ancient Roman mulleus calceus a red (or reddish-purple) shoe popular with upper-class Romans and worn as a symbol of office by the three highest magistrates although the scant historical evidence does suggest the Roman footwear looked more like modern clogs than mules and logically, one would expect footwear with thicker, tougher soles would at the time have been preferred for use outdoors.  High-heeled mules became a popular indoor style during the 1700s, influenced by the pattern, a backless overshoe of the sixteenth century, although, by early in the twentieth, mules were often derided as the "dress-wear" of the "better class of prostitutes" and it wasn’t until Marilyn Monroe (1926–1962) adopted the mule in the 1950s they again assumed some respectability.  By the 1990s, mules were among the most popular of shoes.

Chanel Mesh & Grosgrain Mule in black with 3.3 inch (85mm) heel @ US$800, Chanel part-number: G37505 Y55290 94305.

The descriptors mules, clogs and slides are sometimes used interchangeably.  The typical clog is a closed-toed wooden (or other) soled shoe with a heel no more than a couple of inches high.  Clogs are backless (although there are clog boots).  Mules, by comparison, traditionally had a higher heel although the strictness applied to that definition has weakened the emphasis seemingly now on the backlessness although there standards too are loose, slingback mules common.  The term slide derives from being applied to designs permitting the foot to slide in and may thus apply to both mules and clogs rather than being a distinct style.

Fishnet

Fishnet (pronounced fish-net)

(1) A net for catching fish.

(2) A fabric with an open mesh, resembling a fishnet.

(3) Being of an open-mesh weave.

(4) In fashion as a clipping of “fishnet stockings” & “fishnet tights”, usually in the form “fishnets”.

(5) In mathematics, geometry and mapping, as “fishnet grid”, a grid of equally-sized (usually square or rectangular) cells which can be overlaid onto another representation for various purposes.  

Pre 1000: from the Middle English, from the Old English fiscnett, the construct being fish + net.  Fish was from the Middle English fisch, from the Old English fisċ (fish), from the Proto-West Germanic fisk, from the Proto-Germanic fiskaz (fish).  It may be compared with the West Frisian fisk, the Dutch vis, the German Fisch, the Danish, Norwegian & Swedish fisk and the Icelandic fiskur, from the primitive Indo-European peysḱ- (fish) (the equivalent form in was iasc and in Latin piscis.  Net was from the Middle English nett, from the Old English net & nett, from the Proto-West Germanic nati, from the Proto-Germanic natją, from the primitive Indo-European ned- (to turn, twist, knot).  It was cognate with the West Frisian net, the Low German Nett, the Dutch net, the German Netz, the Danish net and the Swedish nät.  Fishnet is a noun & adjective; the noun plural is fishnets.

The most obvious “fishnet grid” is of course the fishnet, used by fishers to catch fist and one of the oldest technologies still in use with its essential design unchanged although much has changed in terms of materials, scale and techniques of use.  The same design (a grid structure with equal sized cells) is used in various field including (1) concreting where the steel reinforcing for slabs is used in this form, either in pre-made sections or assembled on-site.  (2) In agriculture, the grids are used as a support structure for climbing plants like beans which grow up the grid, gaining enhanced exposure to airflow and sunlight; ultimately, the arrangements also make harvesting easier and cheaper.  Made now with slender, strong, cheap and lightweight plastic strands which don’t absorb moisture, like the nets used to harvest fish, the agricultural mesh is produced in a variety of cell sizes, the choice dictated by the crop. (3) In architecture and interior decorating, grids are common design element, sometimes integrated into structural members and sometimes merely decorative.  (4) In fashion, the most famous fishnet grids are of course those used on stockings & tights where the most frequently seen patterns are diamonds or squares displayed with points perpendicular.  When used of other garments, the orientation of the cells can vary. (5) In industrial design, fishnet grids made of durable materials like steel or synthetic fibers are widely used, providing structures which can be lighter than those made with solid materials yet, in a seeming paradox, be stronger, at least in the direction of the stresses to which they’ll be exposed.  Such constructions are often used in support structures, fencing and other barriers.

North America with the lines of latitude & longitude as traditionally depicted in maps using a fishnet grid (left) and in a form which reflects the effects of the curvature of the earth.

In cartography, the most famous fishnet grid is that made up from the lines of latitude & longitude which, east & west, north & south, encircle the globe and have for centuries been used for navigation.  However, the familiar representation of the lines of latitude and longitude as a fishnet grid is illusory because the common, rectangular map of the world is just a two-dimensional rendering of a three dimensional sphere.  For most purposes, the flat map is ideal but when lines of latitude & longitude were added, so were distortions because the lines of longitude converge at the poles, becoming progressively closer as they move away from the equator.  Never parallel on the sphere which is planet Earth, on a map the lines are exactly parallel; a perfect fishnet grid.

The politics of the Mercator Map

The Mercator projection was developed in 1568 by Flemish geographer, cosmographer & cartographer Gerardus Mercator (1512–1594) as a navigation tool with spherical planet earth depicted on a flat rectangular grid with parallel lines of latitude and longitude.  Its functionality was such that in the west, it became the standard technique of projection for nautical navigation and the de facto standard for maps and charts.  For seafarers it was invaluable; all they needed do was follow the line on the chart and, barring accidents, they would arrive where intended.  However, the Mercator map is a most imprecise representation of the precise shapes and relative sizes of land masses because the projection distorts the size of objects as the latitude increases from the Equator to the poles, where scale becomes infinite.  That’s why land-masses such as Greenland and Antarctica appear much larger than they actually are, relative to equatorial areas such as central Africa.

The Mercator map (left), the distorting effect of the Mercator projection with the real size in the darker shade (centre) and the actual geography of Earth's land masses (right).

In the twentieth century, that distortion attracted criticism on the grounds the projection tended to increase the size of the land-masses of the European colonial powers while reducing those in the colonized south.  However, neither Gerardus Mercator nor other cartographers had social or political axes to grind; the geographical distortion was an unintended consequence of what was designed as a navigational device and it's anyway impossible accurately to depict the surface of a sphere as a two-dimensional rectangle or square (the so-called "orange-segment" renditions are dimensionally most accurate but harder to read).  The Mercator map is no different from the map of the London Underground; a thing perfect for navigation and certainly indicative but not to exact scale.  Modern atlases generally no longer use the Mercator map (except for historical or artistic illustrations) but they’re still published as wall-maps.

The Tube

The classic "map" of the London underground is an ideal navigational aid but, conceptual rather than being drawn to scale, applying a fishnet grid would be both pointless and without meaning.  Professional cartographers refer to such things as "diagrams" or "mud maps", the latter a colloquial term which began life in the military and was a reference to the improvised "maps" drawn in the soil by soldiers in the field.  While not precise, to scale or a detailed representation of an area, they were a simple visual aid to assist in navigation.

Fishnet fan Lindsay Lohan: Confessions of a Teenage Drama Queen (2004), (left), Elle Style Awards, London, February 2015 (centre) and Cannes Film Festival, May 2017 (right).  

There are both fishnet tights and fishnet stockings and unless worn in a manner to permit an observer to discern which, whether it’s one or another is often known only to the wearer, the distinction blurred further by manufacturers being sometimes inclined to be a bit loose with their labeling.  While both items of leg-wear, there are technical differences in the construction, coverage and style.  Tights should be made of a thicker, more opaque material which affords complete coverage from the waist to the toes.  Although a fashion item, the historic purpose of tights was to keep the legs warm in cold weather and they were a garment of some importance when there were dress codes which denied women the right to wear trousers.  Constructed almost always in one piece, tights have an elastic waistband which has the primary purpose of keeping them in place but there are some tights which technically are “shapewear”, the midsection an expanded, all-round elastic panel which has a mild compression effect on the areas around and immediately above the hips, rendering a more trim silhouette.  Except for a handful of high-priced products, tights use relatively thick materials like nylon or spandex (sold as lycra in some markets).  There are also composite materials now available which has meant the range of thicknesses, colors and patterns offered has been expanded and the finishes range from semi-sheer to opaque, making them suitable for casual and formal occasions while still providing protection from the cold.  The essential difference between tights and leggings is the later are shorter, stopping anywhere from the ankle to the upper calf (although some specialized sports leggings extend only to somewhere above the knee).

Classically, stockings were designed to cover only the legs between the upper-thigh and the toes.  Made typically from a sheer material, they are held in place by a device called a “garter belt” or “suspender belt” which sits around the hips, two (sometimes three) elastic “suspender slings” (a marvelous name) are attached to each side at the ends of which are metal clips into which a rubber or silicone disc is inserted through the stocking material, holding it permanently in place.  Usually sheer in a color spectrum from black to white (with a solid emphasis of “skin tone” although sensitivity to the implications of that term means it now less used), patterns are also available and among the most popular is the single, emulated “seam” running vertically up the back of the leg.  Until the mid twentieth century, stockings were made almost exclusively from silk are they remain available but the majority use some form of synthetic, either nylon or a nylon-mix and are thought to impart both a more delicate and refined look and are thus associated with formal attire.  The modern hybrid which has since the 1970s captured most of the stocking market is “pantyhose” (the construct being a portmanteau of the modified clippings of panties (panty) + hosiery (hose).  Pantyhose used the design of tights and the sheer material of stockings, the obvious advantage being the convenience of not needing the belt apparatus with its alluring but fiddly “suspender slings”.  Fishnet pantyhose are available.

Mezzanine

Mezzanine (pronounced mez-uh-neen)

(1) In architecture, a low story between two other stories of greater height in a building, especially when the low story and the one beneath it form part of one composition; an entresol (in general use referred to as “mezzanine” or “mezzanine floor”, most historically between the ground and first levels because so many were added to take advantage of the high ceilings often found in these voids.  A mezzanine is an intermediate floor (occasionally called a “sub-storey” or “demi-storey”) which does not extend over the whole floor-space below and can thus be visualized a kind of (usually large) large balcony overlooking the floor below; many were atop “grand” staircases which were often the focal point of ground floors.

(2) By extension (and used loosely), an apartment, room, restaurant etc on such an intermediate floor.

(3) In theatre (and other performance spaces) design, the lowest balcony or forward part of such a balcony (North American use and known sometimes as the “dress circle”), the seats there usually sold either at a premium or a discount against the “orchestra” seats depending on the structure.

(4) In theatre design, a space under the stage, from which contrivances such as traps are worked (obsolete).

(5) In financial markets, an intermediate stage in a financial process, known variously as “mezzanine funding”, “mezzanine capital”, or “mezzanine debt” (“mezz” the shorthand of traders).

(6) In interior design, an additional layer of flooring, laid over a floor either to raise the height, conceal imperfections or afford protection from water penetration (the latter common in server rooms & farms).

(7) As “mezzanine window”, a a small window at the height of a mezzanine floor or an attic.

(8) In computer hardware, as mezzanine board, the gender-neutral replacement term for the earlier daughter boards (which plugged into motherboards (now the gender neutral system board)

(9) In figurative use, any intermediate or ancillary stage or device (rare except in engineering (engineering) where it’s used to describe things fulfilling an intermediate or secondary function.  Curiously, software engineers & coders seem not to use the term, possibly to avoid confusion with the hardware devices.

1705–1715: From the French mezzanine & its etymon the Italian mezzanino (a low story between two higher ones in a building), from mezzano (middle (adjective) & go-between (noun)) the construct being mezzan(o) (in either sense of “middle”), from the Latin mediānus (median; of the middle) + -ino (the diminutive suffix).  Mezzano was from the Latin adjective mediānus (central, middle), from medius (mid, middle), ultimately from a construct of the primitive Indo-European root médyos or médhyo (middle)) + -ānus (the suffix meaning “of or pertaining to”).  The word was almost exclusive to architects before the early twentieth century when it came to be used on New York’s Broadway to mean “lowest balcony in a theater”, presumably because the use of something so Italianesque might justify charging a premium for the ticket.  The Italian mediānus was an element also in words like mediator (an agent who interposes between two parties), medium (that size between big & small) and medieval (a creation of Modern English from the New Latin medium aevum (the middle age, thus pertaining to or suggestive of the Middle Ages), the construct being medi(ānus) (the middle) + aev(um) (age) + -al (the Latin adjectival suffix appended to various words (often nouns) to make an adjective).  Mezzanine is a noun & adjective and mezzanining & mezzanined are verbs; the noun plural is mezzanines.  Because mezzanine was a particular specification in architecture, historically, adjectives like mezzaninesque or mezzaninish would have been absurd but given the fertile imaginations of those engineering new financial products, they may yet come into vogue.

419 Venice Way, Venice Beach, Los Angeles where during 2011 Lindsay Lohan lived (in the house to the right; the semi-mirrored construction sometimes called a “pigeon pair”) next door to former special friend Samantha Ronson who inhabited the one to the left (417).  The four bedroom (3½ bathrooms) house included a floating stairway leading to a mezzanine which the property’s agent described as “ideal for a studio or office”.

419 Venice Way: Ground level showing the floating staircase to the mezzanine (left) and the mezzanine (right).

In casual use, many refer to smaller mezzanines as balconies but architects note the latter tend to be installed on a building’s exterior while a mezzanine is inherently an indoor feature.  While the motifs of ether can be used either inside or out, by convention the indoor/outdoor convention of use dictates the choice of nomenclature.  A mezzanine is an intermediate level which is built with a partial floor which doesn’t fully cover the floor and historically many were added between the ground and first levels to take advantage of the high ceilings often found in these voids, many featuring the so-called “grand staircases” which were often the focal point of ground floors.  By contrast, a balcony is an elevated platform typically attached to the upper exterior of a building to provide a space onto which people may sit or stand for a variety of purposes.

Lobby (foyer) of Stamford Plaza Brisbane, Queensland, Australia with the “grand staircase” leading to the mezzanine.  Wedding photographers are especially fond of big staircases because they provide the ideal base for the train of a bride’s dress to fall in a photogenic way.

Penta Mezzanine’s conceptual diagram of mezzanine financing.

The idea of mezzanine financing emerged in the US early in the twentieth century and is a highly variable mechanism involving a hybrid mix of debt and equity, the use of mezzanine in this context reflecting its “middle or intermediate” position between senior debt and equity in the corporate structures.  Mezzanine was a niche in US capital markets until the early post-war years when un-met demand in the gap between conventional (secured) bank loans and equity investment was identified and in the buoyant trans-Atlantic economy of the era it proved ideally suited to the increasingly popular leveraged buyouts (LBOs) and mergers & acquisitions (M&A) because of the flexibility and the acceptance of subordinated forms of capital.  By later standards the use of mezzanine instruments was on a small scale but the techniques developed lad the basis for the boom in corporate financing which flared in the newly deregulated environment of the 1980s and 1990s when the volume LBOs & M&A activity was such that some institutions were able to devote entire divisions to service the market.

Mezzanine financing is now part of financial industry in just about every developed economy and provides a source of capital combines debt and equity, almost always at a higher cost than traditional arrangements so while not regarded as a “last resort” in the way that term in used in banking, the device exists to fill the shortfall (ie the bit “in the middle”) between need and what conventional sources decide is justified by the risk.  Demanding (1) a premium interest rate to provide capital which is subordinated to other debts in the case of liquidation or bankruptcy & (2) taking an equity position are the ways the risk-reward math can be made to work for both parties and mezzanine financing continues to exists because it fulfills a need, thus ensuring there is both supply & demand to sustain the model.

Lien

Lien (pronounced leen or lee-uhn)

(1) In law, the legal claim of one person upon the property of another person to secure the payment of a debt or satisfaction of an obligation; a right to retain possession of another's property pending discharge of a debt.

(2) In anatomy, a tendon (obsolete).

(3) An alternative form of lain (archaic, used in early translations of the Bible).

1525–1535: An Anglo-French borrowing from the Old French from the Latin ligāmen (bond; tie; bandage) from ligāre (to bind) and ligō (tie, bind), the construct being ligā(re) (to tie) + -men (the Latin noun suffix).  The Latin liēn (spleen) was borrowed by late medieval anatomists as a descriptor of tendons but is long obsolete.  The associated words used in this context include claim, charge, right, encumbrance, mortgage, incumbrance and hypothecation but not all translate literally (or by implication) between legal systems or jurisdictions.  Lien is a noun & verb and lienal & lienable are adjectives; the noun plural is liens.  Lien’s use as an alternative form of lain is a historic relic, now best-known from its use (with variation in spelling) in the King James Version of the Bible (KJV, 1611):

And Abimelech said, What is this thou hast done vnto vs? one of the people might lightly haue lien with thy wife, and thou shouldest haue brought guiltinesse vpon vs.  (Genesis 26:10)

And the Priest shall charge her by an othe, and say vnto the woman, If no man haue lyen with thee, and if thou hast not gone aside to vncleannesse with another in stead of thy husband, be thou free from this bitter water that causeth the curse.  (Numbers 5:19)

The lien at common law, equity and admiralty law

At common law, a lien was a right to retain property in one’s possession until payment was made.  That basic right has in many jurisdictions since been modified but the principle remains of a security interest granted over physical property to secure the payment of a debt or discharge of some other obligation.  Historically, the owner of the property (grantee of the lien) was the lienee and the lien holder the lienor but, in modern use, these terms are less used.  An equitable lien differs from a common law lien in that the former depended on actual possession of physical property and conferred a right to retain the good(s) until payment, whereas an equitable lien existed regardless of the state of possession, conferring on the holder the right to seek judicial redress in the absence of payment.  Legal scholars have long treated equitable liens as a strange collective of property rights, considering them generally as sui generis (special; different; literally “of its own kind or class”.)

Equitable liens came to be created for same reason that much equity law developed: application of the rigid rules of common law, in certain situations, could give rise to injustice.  A common-law lien (1) confers only a right to retain physical property, (2) cannot be transferred, (3) cannot be asserted by third parties to whom possession of the property has been extended to pay or undertake whatever the original party should have performed and (4), if the property is handed to the lienor, the lien is for all time sundered.  In Hewett v Court (1983) 149 CLR 639, the High Court of Australia (HCA) defined the essential characteristics of an equitable lien.  It (1) arises by operation of law so as to do justice between parties by adjusting their mutual rights and interests, (2) is not contingent on any contractual right or interest, or by reason of possession of the property, (3) becomes apparent from the relationship between the parties, (4) constitutes an equitable charge over the property and (5), creates a right to obtain an order for payment.

The quirkiest flavor is the maritime lien (sometimes known as tacit hypothecation), a peculiarity of admiralty law.  It is a lien over a vessel, granted to secure the claim of a creditor who provided maritime services to the vessel or who suffered an injury from the vessel's use.  Something of an aquatic hybrid, it creates upon ships, security interests of a nature otherwise unknown to common law or equity, something explained by ships being (1) big, (2) expensive and (3) able to move from one jurisdiction to another.  The concept of a maritime lien is similar to that which can be imposed on any other real property in that it allows for a vessel to be seized if the relevant debt remains unpaid at the effective date.  So, were the purchaser of a vessel to fail to pay (or cease making payments as required by the contract of sale), the vessel may be seized by the authorities and depending on the jurisdiction, there can be other mechanisms such as is often the case in the US where if the contract of sale wasn’t executed using the device of a PSM (preferred ship mortgage), the lien can be granted without consent (ie it’s invoked automatically).

It can be arrested.

As a general principle, a maritime lien can be placed on any vessel still “in navigation”. Quite when a vessel can be considered “in navigation” or not is usually uncontroversial but courts have had sometimes been required to rule on the matter, often in personal injury cases.  The simple explanation is that a vessel is regarded as “in navigation” if it’s fit to operate; that means it could (physically and legally) be used on the waters as intended, not that it’s necessarily “being navigated” on a waterway”.  A vessel undergoing minor repairs would in many circumstances be judged capable of operating (even if it’s been static for some time) whereas one only partially constructed or undergoing a large-scale overhaul would not.  Counterintuitively, a vessel in a shipyard’s dry dock (ie not even “in the water”) can be held to be “in navigation” if found to be still “fit to sail”, the courts deciding each case on its merits, considering factors such as the duration, cost and nature of maintenance being performed and whether the vessel’s master or owner had taken any steps consistent with the vessel’s status being “out of service”.

It can also be arrested.

However, a maritime lien taken against a PSM must be recorded and in that it’s a unique type and in most jurisdictions the filing is with a central repository such as a maritime registry or its associated documentation centre.  Once registered in the correct form, the lien becomes valid and enforceable.  All other maritime liens come as a result of actions pursuant to contracts or in tort and these can cover just about anything transactional (unpaid freight or harbor charges, damages caused by the vessel (pollution, collisions with other vessels or shore facilities, loading or unloading events et al), unpaid wages, breach of charter, personal injury et al.  What makes a lien under admiralty law very different is in the mechanism of enforcement which can involve a court issuing an arrest warrant for the vessel, enabling seizure by the authorities.  This differs from a lien taken over a skyscraper which can be subject to many things if a lien is enforced but not arrest.  The reason for the difference is a skyscraper can’t sail out of a jurisdiction and the act of arrest is thus redundant.  In the same way a corporation can, as a “legal fiction” be thought a “person”, so can a ship be “arrested”.  Like a lien upon landed structures, in legal theory size doesn’t matter and a court can order the arrest of the smallest dinghy but the orders are usually made against vessels of high-value.

Resin

Resin (pronounced rez-in)

(1) Any of a group of non-volatile solid or semisolid organic substances & compounds (that consist of amorphous mixtures of carboxylic acids), obtained directly from certain plants as exudations of such as copal, rosin & amber (or prepared by polymerization of simple molecules) and used typically in pharmaceuticals, plastic production, lacquers, adhesives and varnishes.

(2) A substance of this type obtained from certain pine trees (also called rosin).

(3) To treat, rub or coat with resin.

(4) A precipitate formed by the addition of water to certain tinctures.

(5) Any of various artificial substances, such as polyurethane, that possess similar properties to natural resins and used in the production of plastics; any synthetic compound with similar properties.

1350–1400: From the Middle English resyn & resyne (hardened secretions of various plants), from the Old French resine (gum, resin), from the Latin rēsīna (resin), from the Ancient Greek rhētī́nē (resin of the pine tree), both probably from a non-Indo-European language.  In chemistry, the word came to be applied to synthetic products by after 1883.  The verb resinate (impregnate with resin) dated from 1756.  The adjective resinous (of the nature of, pertaining to, or obtained from resin) is documented since the 1640s, from the Latin resinosus; the earlier adjective was resiny (having a character or quality like resin), noted since the 1570s.  The related (and now rare) noun rosin (distillate of turpentine (especially when in a solid state and employed for ordinary purposes)) dates from the late thirteenth century and was from the Old French raisine & rousine, both variants of résine; it was used as a verb after the mid-fifteenth century.  The later adjectives resiniferous & resinless appear never to have been used except in chemistry or technical literature in relevant industries, the more common forms in general use being resin-like or resinous.  Because the word resin covers a wide field of substances, it usually appears in modified form (acaroid resin, acrylic resin, epoxy resin, phenolic resin, polyresin, polyvinyl resin et al).  The present participle is resining and the past participle resined.  Resin, resinousness & resinite are nouns, resinously is an adverb and resinify is a verb; the noun plural is resins.

Resin wheels

1972 Citroën SM with Michelin RR wheels. 

Although sometimes referred to as being made from “carbon fibre”, materials engineers insist the optional wheels offered on the Citroën SM must be described as “synthetic resin reinforced with long-strand carbon fibre”.  Notable as the first composite road wheel offered for public sale, they were developed by Michelin, the tyre-maker which since 1934 had been Citroën’s parent corporation and the innovation was an appropriate accessory for the SM which, upon release in 1971, was immediately recognized as among the most intricate and intriguing cars in the world.  A descendant of the DS which in 1955 had been even more of a sensation than the SM, it took Citroën not only up-market but into a niche the SM had created, nothing quite like it previously existing, the combination of a large (in European terms), front-wheel-drive (FWD) luxury coupé with hydro-pneumatic suspension, self-centreing (Vari-Power steering), high-pressure braking and a four-cam V6 engine, unique in the world.  The engine had been developed by Maserati, one of Citroën’s recent acquisitions and the name acknowledged the Italian debt, SM standing for Systemé Maserati.  Although, given the size and weight of the SM, the V6 was of modest displacement (initially 2.7 litres (163 cubic inch) and power was limited compared to the competition (181 HP (133 kW)), such was the slipperiness of the body that in terms of top speed, it was at least a match for most.

Michelin RR wheel.

However, lacking the high-performance pedigree enjoy by some of that competition, a rallying campaign had been planned as a promotional tool.  Although obviously unsuited to circuit racing, the big, heavy SM didn’t immediately commend itself as a rally car, early tests indicated some potential but there was a need radically to reduce weight.  One obvious candidate was the steel wheels but attempts to use lightweight aluminum units proved abortive, cracking encountered when tested under rally conditions.  Michelin immediately offered to develop glass-fibre reinforced resin wheels, the company familiar with the material which had proved durable when tested under extreme loads.  Called the Michelin RR (roues resin (resin wheel)), the new wheels were created as a one-piece mold, made entirely of resin except for some embedded steel reinforcements at the stud holes to distribute the stresses.  At around 9.4 lb (4¼ kg) apiece, they were less than half the weight of a steel wheel and in testing proved as strong and reliable as Michelin had promised.  Thus satisfied, Citroën went rallying.

Citroën SM, Morocco Rally, 1971.

The improbable rally car proved a success, winning first time out in the 1971 Morocco Rally and further success followed.  Strangely, the 1970s proved an era of heavy cruisers doing well in the sport, Mercedes-Benz winning events with their 450SLC 5.0 which was both the first V8 and the first car with an automatic transmission to win a European rally.  Stranger still, Ford in Australia re-purposed one of the Falcon GTHO Phase IV race cars which had become redundant when the programme was cancelled in 1972 and the thing proved surprisingly competitive during the brief periods it was mobile, the lack of suitable tyres meaning the sidewalls repeatedly failed.  However, the SM, GTHO & SLC proved a quixotic tilt and the sport went a different direction.  On the SM however, the resin wheels had proved their durability, not one failing during the whole campaign and encouraged by customer requests, Citroën in 1972 offered the wheels as a factory option although only in Europe; apparently the thought of asking the US federal safety regulators to approve plastic wheels (as they’d already been dubbed by the motoring press) seemed so absurd to the French they never bothered to submit an application.

Reproduction RR in aluminum. 

Michelin ceased to make the RR when SM production ended in 1975 but did provide another batch for sale in the mid 1980s and this was said to be a new production run rather than unsold stock.  A cult accessory for a cult car, perfect examples now sell for around US$2000 each which does sound expensive but, given what it can cost to restore (or even maintain) a SM, it’s not a significant sum and, unlike much of the rest of the machine, the RRs are at least trouble-free.  Michelin are not said to be contemplating resuming production but another company has produced visually identical wheels made from aluminum; these only slightly heavier.  Despite the success and the fifty-year history of robustness, Citroën didn’t persist and the rest of the industry never adopted the resin wheel.  The reason was two-fold: (1) Even if economies of scale operated to lower the unit cost, the technology was always going to be more expensive than using aluminum and advances in alloys meant the metal units can provide similar strength with only a slight weight penalty and (2) the resin was always susceptible to high temperatures, something not encountered on the SM which used inboard brakes.  Most cars however don’t use inboard brakes and as Ford found when testing resin wheels during Lincoln's downsizing programme in the mid-1970s, although the weight reduction was impressive, almost the same was possible with aluminum at much lower cost and the problems caused by heat-soak from the brakes were insoluble.  So it proved until the late 1980s when, with the development of new, heat-resistant materials, reinforced resin wheels were made available on the limited-production Dodge Shelby CSX (1989).

True carbon fibre wheels have had a little more success, although only at the top-end of the market, Koenigsegg in 2013 manufacturing carbon fibre single-piece wheels which it offered as a US$40,000 option; a number which needs to be considered in the context of the US$2 million price tag for one of their cars.  Porsche, Mercedes-Benz, Ferrari and Ford have all flirted with carbon fibre wheels and some manufactures are interested in the possibilities offered by hybrid designs which use aluminum for some components and carbon fibre for others, an idea familiar from earlier steel/aluminum combinations.  Regulatory authorities are apparently still pondering things.

The SM V8

1974 prototype Citroën SM with 4.0 V8.

Ambitious as it was, circumstances combined in a curious way that might have made the SM more remarkable still.  By 1973, sales of the SM, after an encouraging start had for two years been in decline, a reputation for unreliability already tarnishing its reputation but the first oil shock dealt what appeared to be a fatal blow; from selling almost 5000 in 1971, by 1974 production numbered not even 300.  The market for fast, thirsty cars had shrunk and most of the trans-Atlantic hybrids (combining elegant European coachwork with large, powerful and cheap US V8s) which had for more than a decade done good business as alternative to the highly strung British and Italian thoroughbreds had been driven extinct.  Counter-intuitively, Citroën’s solution was to develop an even thirstier V8 SM.  It actually made some sense because, in an attempt to amortize costs, the SM’s platform had been used as the basis for the new Maserati Quattroporte but, bigger and heavier still, performance was sub-standard and the theory was a V8 version would transform both and appeal to the US market, then the hope of many struggling manufacturers.

Recreation of 1974 Citroën SM V8 prototype.

Citroën didn’t have a V8; Maserati did but it was big and heavy, a relic with origins in 1950s sports car racing and while its (never wholly tamed) raucous qualities suited the character of the sports cars and saloons Maserati offered in the 1960s, it couldn’t be used in something like the SM.  However, the SM’s V6 was a 90^o unit and thus inherently better suited to an eight-cylinder configuration.  In 1974 therefore, a four litre (244 cubic inch) V8 based on the V6 (by then 3.0 litres (181 cubic inch)) was quickly built and installed in an SM which was subjected to the usual battery of tests over a reported 20,000 km (12,000 miles) during which it was said to have performed faultlessly.  Bankruptcy (to which the SM, along with some of the company's other ventures, notably the Wankel programme, contributed) however was the death knell for both the SM and the V8, the prototype car scrapped while the unique engine was removed and stored, later used to create a replica of the 1974 test mule.

Citroën Traction Avant 22, Paris Motor Show 1934.

It was a shame because, despite being most associated with the US, it was the French engineer Léon Levavasseur (1863–1922) who in 1904 created the first V8 engine and at the 1934 Paris Motor Show, Citroën displayed their “22”, a variation of their Traction Avant model but fitted with a 3.8 litre (233 cubic inch) V8, created essentially by joining on a common crankcase two of their 1.9 litre (117 cubic inch) four-cylinder units.  When presented at the show, several models were displayed and the promotional material confirmed the 22 would be available with an extensive choice of coachwork including a saloon, an elongated limousine, a cabriolet and a coupé.  Bankruptcy however halted the project and Michelin, having just taken control, insisted the company concentrate on the best-selling, most profitable lines.  A reputed two dozen-odd 22s were built before the Michelin Man dropped his axe and although all passed into private hands, none appears to have survived the war although there have always been rumors one remains hidden somewhere in the Far-East, a survivor of the colonial presence in Indo-China.

1967 Cadillac Eldorado, which proved the big, FWD coupé could still be done.

Evidence does however suggest a V8 SM would likely have been a failure, just compounding the existing error on an even grander scale.  It’s true that Oldsmobile and Cadillac had offered big FWD coupés with great success since the mid 1960s (the Cadillac at one point fitted with a 500 cubic inch (8.2 litre) V8 rated at 400 HP (300 kW)) but they were very different machines to the SM and appealed to a different market.  Probably the first car to explore what demand might have existed for a V8 SM was the hardly successful 1986 Lancia Thema 8·32 which used the Ferrari 2.9 litre (179 cubic inch) V8 in a FWD platform.  It was about a daft an idea as it sounds.  Even had the V8 SM been all-wheel-drive (AWD) it would probably still have been a failure but it would now be remembered as a revolution ahead of its time.  As it is, the whole SM story is just another cul-de-sac, albeit one which has become a (mostly) fondly-regarded cult.

Lindsay Lohan in Tsubi Scooter Jeans, Andrea Brueckner Saddle Bag, L.A.M.B. Lambstooth Sweater, Manolo Blahnik Butterfly Sandals & Louis Vuitton Inclusion Resin Bangle, Los Angeles, April 2005.