break

(redirected from broken cover)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to broken cover: broken chords

Break

A rapid and sharp price decline. Related: Crash.

Break

1. A sudden, unexpected change in a security's price or in a market's value. While a break could indicate either upward or downward change, the connotation is negative. Especially on the futures market, a break means a steep decline in price, usually the result of a natural disaster affecting the underlying.

2. Less frequently, break refers to a discrepancy in a brokerage's accounting books.

break

1. A sharp price decline in a particular security or in the market as a whole. A break usually occurs when unexpected negative information is made public and investors rush to sell. Also called market break.
2. A discrepancy on the books of a brokerage firm.

break

1. To dissolve an underwriting syndicate.
2. See bust.
References in periodicals archive ?
NOW bidders have broken cover for Jaguar and Land Rover, expect to see two heavyweight private equity groups slugging it out for ownership.
cummings-inspired SMART franchise, otherwise the FORFOUR would have broken cover here as an ersatz off-roader this year.
Hours earlier another resident in Yarmouth, Norfolk, had complained about the broken cover.
Rumours of its impending arrival have been rife for months and BMW's striking new 6 Series coupe has finally broken cover this week -and it will be available before the turn of the year.