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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 ?
Riches, 20, of Wycliffe Avenue, Newcastle, was sentenced to 27 months in prison after pleading guilty to affray, two counts of criminal damage and one of breaching a suspended sentence.
One caveat: "If you have a serious rust issue, you may have to look at replacing parts," Riches says.
Riches admitted supplying Class A drugs, offering to supply Class A drugs, and producing cannabis - for personal use - which was found in his home.
Road To Riches earned quotes of 16/1 for the Cheltenham Gold Cup, prompting his trainer to say: "We'd all love to think he's a Gold Cup horse, but winning there doesn't mean he is when Willie (Mullins) had another Gold Cup horse Boston Bob, who probably needed the run, in the field."
BBC Radio 4's new series also called Plants: From Roots to Riches, being aired in 25 parts, will delve into Kew and its collections to look at how changes in scientific, economic and social preoccupations have influenced attitudes to plants.
Riches Healthcare services four clinics in the Taipei area, which provide hemodialysis treatments to over 250 patients.
When Riches' probation officer got wind of the trip (Riches uploaded videos of his trip to Youtube), he wrote a report indicating that he had "reason to believe that the supervised releasee has violated the terms and conditions of his supervision."
A Wachusett Regional High School graduate, Riches is from Paxton and is majoring in education.
Les poissons gras dont il fait partie sont riches en omega-3, lesquels facilitent eux-aussi la production de serotonine.
Travel Business Review-December 23, 2011--Sky Vegas Launches New Rainbow Riches Slot Game(C)2011] ENPublishing -
IN NAMING HIS THIRD novel Easy to Like, Edward Riche must have anticipated reviews that would describe it as "easy to like." The always cranky Steven Beattie writes, "A wine that is easy to like, for Elliot [winemaker/screenwriter/main character of the novel], is not as ultimately satisfying as a wine that divulges its riches only gradually, requiring patience, dedication, and a sophisticated palate to fully appreciate.