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Take a bath
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Take a Bath
Informal; to lose a significant amount on an investment very quickly. For example, if one buys a stock for $95 per share and a year later it is trading for $40 per share, one has taken a bath in that stock.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
take a bath
To lose a large portion of the money invested in a particular asset, such as during a prolonged bear market.
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.