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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 ?
1) Steven Beanie, "Book Review: Easy to Like, by Edward Riche," National Post, 9 Sept.
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Considering that Riches files hundreds of complaints each month, this has become quite a burden.
The bay filly trained by Kiaran McLaughlin won her first three starts, then finished second in both the Coaching Club American Oaks and the Alabama Stakes -- races Rags to Riches missed because of a series of ailments.
Americans love Eddie's character in The Riches," said a show source.
The Congo had almost no trained government officials when it became free; most of the post-independence period was marked by brutal repression under Mobutu and vicious wars among tribes battling to control its mineral riches.
In other words, the treaty would designate the riches of the sea as a "common heritage of mankind" and inaugurate an immense exercise in Marxist wealth redistribution.
A major new force could emerge in the Channel Islands grocery scene with the merger of Jersey based companies Le Riche and Ann Street.
Despite the fact that demand for these luxury properties far exceeds supply, and the expectation that the demand will therefore continue well into the future, Steinberg does not see this as a career for those expecting quick riches.
HOLLYWOOD Loews Cineplex Entertainment has hired ex-Village Roadshow exec Ian Riches to help oversee its theater development in Europe and Asia.
Then she might tell you about her love for what little wealth she has: "Pitet se riches pov malere"--"Children are the riches of the poor.
FRISCO, Texas -- In celebration of summer, Market Street kicks off the warm weather season with its United Texas Road to Riches Collect and Win Game.