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Term for a security whose price seems too high in light of its price history.


Describing a person or entity with strong financial resources. There is no strict definition of how much one needs to have in order to be "wealthy," but, in general, it refers to one with more money or assets relative to others in a society. The wealthy drive economic growth. Some believe this ought to be encouraged, as it eventually makes the remainder of society wealthier; others, however, believe growth is strongest when the needs of multiple classes are balanced. A few others believe wealthy persons ought to have most of their resources confiscated and redistributed, but this is a minority opinion.


Of, relating to, or being a security price judged by some investors to be too high. For example, a new issue of stock may carry an offering price that many analysts consider rich. If too many investors and analysts believe the price is rich, the offering may be unsuccessful.
References in periodicals archive ?
40 Days to a Prosperous Soul--Your Interactive Guide to Living a Richer Life" is designed to be a daily devotional companion to the book and curriculum in the Prosperous Soul Series.
After the teenager took out his mobile phone, Richer produced a large kitchen knife and demanded the device.
Richer has over 11 years of experience in the financial services sector and holds series 66 and series 7 licenses, as well as licenses in life and health insurance, property and casualty insurance.
I expect the Tories to make the rich richer, not Labour and that should worry Gordon Brown far more than a by-election defeat in posh old Henley.
We want richer people to pay for our children's education; we don't want to pay for poorer people's children.
We actually know something like a half-dozen facts about Richer with reasonable certainty, but Glenn goes on for sixty-seven pages creating possible histories and biographies for Richer.
Richer yes, but not necessarily better, comments physicist and acoustics specialist Bernard Richardson of Cardiff University in Wales.
Because Richer believed he was "throwing good money after bad" by continually repairing his metal cooling tower, he opted to replace it.
We need our young people scheming to make our communities happier and richer.
Participants from the most competitive high school background seemed to have richer conceptions of mathematical understanding.
Philadelphia's fat-free tub may taste richer than its fat-free brick, but it still registers as sour on some tongues.
In the second sentence of the second paragraph, we read, "In other words, the Mass and the other sacraments aren't one-off events in which grace is dispensed, but are not sources for a richer spiritual and social life.