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Lame Duck |
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Lame Duck An ineffective trader who is in or near bankruptcy due to a series of bad trades, often over a long period of time. A lame duck has suffered heavy losses, not from a bear market or something similar, but simply due to his/her ineptitude. This is a slightly pejorative term that is most common in Europe. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The Republican-led House dutifully passed this legislation last September, but the Republican-led Senate did not follow suit, either prior to the pre-election adjournment or during the lame-duck session that ended on December 9. Conferees and staff aides signal agreement on most issues, but its fate this year depends in part on how long returning lawmakers stay working in the lame-duck session. A lame-duck president facing midterm congressional elections with his public approval ratings low, Bush played it close to his vest on a wide range of domestic issues, offering no major initiatives. |
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