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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 ?
Colin Copeland, of the Ceramic Industry Forum, Roger Hargreaves, of Ricoh, Philip Richens, of Baggeridge Brick, and Paul Wilson, also of CIF
DOGGED DETERMINATION: Rescuers after hauling 12-stone Ted to safety from a Cornish cliff RUFF OLD TIME: Ted with his family, from left, Gemma Richens, Zak, Xanthe, Tate and Lee Barnett
But Richens clawed away Davies' spot-kick before blocking again from the rebound.
Ms Richens was presented with the pounds 25,000 Mary Seacole Award, which is funded by the Department of Health in memory of Mary Seacole, a Jamaican nurse who cared for British soldiers during the Crimean War.
Una Richens, vice president of sales and marketing at Tadpole-RDI, commented: "Portable Unix has a growing role in the mobile computing infrastructures of industry and federal markets alike.
Yana Richens picked up the honour from Birmingham City University in recognition of her outstanding achievements in nursing and midwifery.
They dominated the first half, having 11 efforts at goal to just three by Clitheroe, but all of them were off target, apart from a header by John Keegan which was caught by diving Clitheroe keeper Kris Richens.
MODEL Gabrielle Richens has been transformed into a super-sexy cyberbabe in her new TV role.
Pictured are: Geoffrey Gallagher, left, Ian Creed, David Baxter, Percy Price, Hugh Carter, George Richens
According to Stuart Richens, the product manager of the TelecomWeb Network, "the first element of the relationship with PRGGuide.
D Richens South London #I applaud airlines that are considering banning alcohol on flights.
Yana Richens, of Styvechale Avenue, Earlsdon, has been made a CBE for her services to nursing and midwifery.