Capitulation

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Capitulation

A situation in which a market gives back many or all of its previous gains. That is, prices drop significantly during a capitulation. Some investors believe that capitulation is an opportunity to buy because some securities tend to drop too much and will eventually recover nicely. However, capitulation can result in significant losses to those who already own the securities involved.
References in periodicals archive ?
He similarly claims that "Russia had the least to lose from an end to the capitulatory system" (extraterritorial privileges granted by the Ottomans to Europeans living and working in the Ottoman empire), since Russia's "economic penetration of the Ottoman Empire had been so shallow" (106).
A Russian Foreign Ministry statement said Meshaal declared himself ready to take part in a "political-diplomatic solution" but that "the imposition of capitulatory conditions by Israel was unacceptable.
of Leiden) focuses on the perception, theory, and practice of the capitulatory system in the Ottoman legal system in the 18th century, warning that perceptions about the system found in Western sources must be treated with caution because bankruptcies of foreign merchants in the Ottoman Empire were handled in a way that did not necessarily conform to the theory of the capitulation or the perceptions of Western diplomats.