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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 and her associates treat all types of eye diseases and conditions ranging from routine exams to specialized surgery.
Mr Richens, who is married with three children, has been a PWC partner for 20 years and transfers from the firm's Manchester office.
Handel Suryaputra and Homan then defeated Phillips and Buckley in the mixed 21-18, 19-21, 21-17, while Bagga and Robins had their customary victory, this time over Porter and Richens 21-19, 21-17.
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.
Neither Richens nor Whitewater was licensed and was fined last March $1,200 and $9,000, respectively.
One key factor, opines Richens, "is a risk-compensation mechanism: increased condom use could reflect decisions of individuals to switch from inherently safer strategies of partner selection or fewer partners to the riskier strategy of developing or maintaining higher rates of partner change plus reliance on condoms.
Sterne Agee possesses a high degree of institutional knowledge about credit unions," said Richens.
Nuneaton: Belshaw, Richens, Recci, Gordon, Streete, Armson, Delfouneso (York 80), Adams (Sleath 43), Bell (Wills 87), Pearson, Taylor.
Will Richens, student president at Newcastle University's Union Society, said: "The safety of students is clearly very important to us.
Zizi the Affectionate Couch (pictured) by Stephen Barrass, Linda Davy and Kerry Richens, is a sofa that vibrates and purrs like a cat.
The Bucks should have been ahead on 14 minutes, only for top scorer Kyle Perry to see his penalty saved by Kris Richens and the hosts made the most of the reprieve six minutes before half-time via Jason Jones.
Perry took the penalty himself but saw his effort saved by home keeper Kris Richens and he then fired the rebound wide.