rich


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Rich

Term for a security whose price seems too high in light of its price history.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Wealthy

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

rich

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.
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.
References in periodicals archive ?
RoadRunner, which owns Rich Transport, has been working to emerge from a financial scandal after three of its former executives were indicted by federal officials in an alleged accounting and securities fraud case that was discovered in May 2017.
Emata's mother, Luzviminda, then took Rich under her care nearly four years ago.
Judge Watson told Rich: "It seems to me that only served in your mind to increase your hostility towards him." He said Mr Bruce - who claimed Rich had once "pulled an axe" on him - was "not someone given to backing down".
Characteristic of many properties in this region of Indiana, the one Rich was hunting is relatively narrow in shape and about 80 acres in size.
Rich originally wanted to use the building for self-storage and short-term office space, "but we found that the opportunity of leasing to tenants would create a quicker cash flow."
Rich people spend a lot of time looking into the future, setting goals and looking forward to what lies ahead.
rich did not admit or testify that he ever violated the standard of care.
This idea of getting rid of the 50p tax is just another case of the rich looking after the rich.
To me, the most important resource to wealth is the human population, if a country is more than a sixth of the world's population, without a doubt it is already halfway rich. A country with the ability to feed its hungry citizens regardless of age, skin colour and their educational background, it is what I refer to as a "rich country".
Rich recently sold one of the city's most expensive condos at Trump Park Avenue for $14 million..
Six people were working in the locked depot on a Sunday night, when Rich and three other men cut through the fence and a padlocked gate to get into the secure compound.