Break (redirected from broken the back)

Break

A rapid and sharp price decline. Related: Crash.

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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.

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break

1. To dissolve an underwriting syndicate.

2. See bust.

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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.