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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 ?
105bn), who was the richest racehorse owner in the previous five editions of this annual survey of the richest people in Britain.
Shop Direct owners Sir Frederick and Sir David Barclay are ranked 421st richest with a fortune of $2.
Luxembourg is the second richest EU region followed by Brussels, Hamburg, and Prague, which is the only Eastern European region among the 20 richest ones.
Next comes the world's richest real estate baron, K.
Jim Walton, a son of Sam Walton, is listed as the 23rd richest person with a net worth of $16.
13-21 to answer this: On which continent do the richest and poorest countries share a border?
Musician Tom Jones is the sixth richest Welsh person with pounds 165m and actress Catherine Zeta Jones seventh with pounds 160m.
Abramovich is the sixth richest person in Europe and 22nd richest in the world.
5 million Wal-Mart FLW Tour Championship, the richest bass tournament in the world that will be Sept.
Gates, the richest man in history and the closing figure in this book, is a high-profile partisan of that school of thought.
Loope and his colleagues propose that the richest fossil site in Mongolia once resembled the Sand Hills region of northern Nebraska, a rolling landscape of giant dunes covered with meadows and wetlands that support a rich assortment of wildlife.
However, the health care system of the richest and most powerful country on earth is increasingly an un just system in which access to medical care is rationed by the ability to pay.