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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 ?
Richens Eye Center recently relocated to a new green facility in the historic downtown area of St.
Mr Richens, who is married with three children, has been a PWC partner for 20 years and transfers from the firm's Manchester office.
A Kenworthy snapshot three minutes into extra time should have won it for Emley but in the end they succumbed, inevitably, to the penalty lottery, keeper Richens saving Emley's first two kicks from Robbie Painter and Adam Muller, to see his side through.
Fleetwood's John Richens latched on to a lose Mark Nulty clearance and slotted home.
Whitewater West took over and determined that work subcontracted to Richens Concrete Construction of Hot Springs was substandard, Partlow said.
John Richens pointed out that "it is hard to show that condom promotion has had any effect on HIV epidemics.
The Marcel Merieux Laboratory, Lyon, France, conducted the immunofluorescence tests, and Elizabeth Richens provided sera from Case 1 for immunologic studies.
As for the fortuitous timing of the Summit, Jim Richens, Managing Director, Los Angeles, remarked, "We decided to schedule the Summit between the NCUA's final ruling on corporate credit unions which we expected in late September and the California/Nevada Credit Union League Annual Meeting which we knew was in mid-November.
The lineup includes the top 10 finalists on this past season's FOX television dance competition: Ricky Ubeda, Valerie Rockey, Jessica Richens, Zack Everhart, Casey Askew, Jacque LeWarne, Rudy Abreu, Tanisha Belnap, Bridget Whitman and Emilio Dosal.
NO WAY THROUGH: Michael Richens on the ball for Boro.
He has been President of the UK Chapter of the International League Against Epilepsy, and has worked hard in Wales to put epilepsy and patients with epilepsy on the agenda in Government, leading the Alan Richens Welsh Epilepsy Unit for many years.
Will Richens, president of Newcastle University Students' Union, said: "It is important ministers find out about the issues that concern students.