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


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


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 ?
The problem is that business owners such as Julian Richer are few and far between in this country.
Richer Sounds' 522 employees will receive PS1,000 for every year of service
Richer first joined the ATSC after 16 years at PBS where, as VP/Engineering & Computer Services, he was responsible for development of new technologies for PBS and its member stations, design of audio/video systems and management of computer operations.
drink more poorer people Richer people drink more often than poorer people to
"There have always been three or four teams richer than I am.
The author of this book has already published an excellent English translation of Richer of Saint-Remi's History with facing-page Latin text (Dumbarton Oaks Medieval Library, 2011).
Harford: When countries become richer, do they pollute their environment more or less or do they outsource?
40 Days to a Prosperous Soul--Your Interactive Guide to Living a Richer Life
How the Rich Get Richer: Dispatches MONDAY, CHANNEL 4, 8PM With Britain out of recession, it should be looking good for us all.
Bradford Crown Court heard that Darrell Richer, who carried out the two attacks in the Wakefield area last month, was already on bail for an early hours burglary in Sowerby Bridge when he confronted the 17-year-old man as he walked his dog on a secluded footpath near to Pugney's Country Park.
This government is offering short term solutions to long term problems and neglecting Wales and other regions while the South-East of England gets richer and richer at our expense.