Username: Peter Rating: Asked to: Anton Luyten Date Created: 27 Nov 2017 |
|
Category | 28 |
Tag | Financial |
Question | What is 'Turkey'? |
Hello Peter, Turkey is slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities that realize significant losses and unsuccessful initial public offerings (IPOs) could all be called "turkeys". For an individual investor, a turkey could be a speculative equity investment in a startup technology company that subsequently goes bankrupt. For a corporation, a turkey could be the purchase of a smaller company that ends up producing much less revenue than anticipated, making it an investment that gobbles up the company's profits. |
Hi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read moreHello Fluffy, A limit order is a take-profit order placed with a bank or
Read moreHello Peter, A cyclical stock is a type of equity security whose price is
Read moreHello Andrew, A single option linked to two or more underlying assets. In
Read moreHello LuckyMan, An economic indicator that reports the dollar level of new
Read moreHello BobM, Cost of goods sold (COGS) is the direct costs attributable to the
Read moreHi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read more