Bungee

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Bungee

A slang term for an oversold security. The term derives from the fact that an oversold security has declined significantly in price but generally hits a bottom and begins to rise.
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Scores took part in a sponsored walk over the Transporter and others bungeed all in aid of Motor Neurone Disease sufferer Steve Druett, 52, whose wife Joanne, 41, works as an administrator at the school.
My kayaks have bungeed paddle shelves on both gunnels, perfect for keeping a long stick anchor quiet and out the way.
My bike did a gentle shoulder roll off the roof and clanged on the side of the truck, it's rear wheel still bungeed into place.