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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 ?
One of them, Jorge, spent several years, from age 10 to 14, as a slave to a rich senior, or master.
Small Business Administration cut from $611 million to $593 million so rich people can have more money.
There is a moment, majestic in its own waft in the second episode of "Rich Girls" the one in which Jamie, the unattractive, sad and shallow rich girl, slumps against a big wood staircase in someone else's house and gives the camera a look of impossible fury because the boy she thinks is cute is kissing another girl five feet away.
More aptly titled "How to Get Rich the Hard Way," or "Chicken Soup for the Greedy Soul," they offer financial advice and inspiration to the money-lorn, telling stories of ordinary folks who still "make money the old-fashioned way.
Can we, in the very Catholic pursuit of charity for the poor and downtrodden romanticize the poor and condemn the rich solely for their respective poverty and wealth--without consideration of any other factor?
Develop and deploy thin-client rich Internet applications using pure Java J2EE standards-compliant technologies and tools;
By naming Lazarus and not the rich man, Jesus' story completely contrasts with worldly understandings of who's who.
WEALTH AND DEMOCRACY: A Political History of the American Rich by Kevin Phillips Broadway Books, $29.