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Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Of or relating to a firm or the operations of a firm that are deemed unprofitable. The term derives from the color of ink used to show losses on financial statements. Compare black.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.