The English term schmaltz is derived from Yiddish, and is cognate with the German term Schmalz, meaning rendered animal fat, regardless of sourceâboth tallow and lard are considered forms of Schmalz in German, as is clarified butter. However, English usage tends to follow Yiddish, where it means poultry fat.
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1 â¹. 03:53. NYSE President: Found what was wrong and fixed it. 2  03:28. NYSE resumes floor trading. 3  06:02. Plan to have market open for the close: NYSE President. 4  03:18. White House: President briefed on NYSE halt. 5  02:34. Cashin's plan into the close. 6  02:45. Tech issue at NYSE. 7  02:01. CME's Duffy: Very long time for NYSE to be down. 8  02:11.