Thursday, November 26, 2015

Term of the Day: Turkey

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November 26, 2015
Turkey

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".

Breaking It Down:

For an individual investor, a turkey could be a speculative equity investment in a startup technology company that...

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