In jargon – an uneducated or unsophisticated investor; often also – in the secondary meaning that he/she trusts in the bank clerk in good faith and therefore also lets himself/herself be talked into worthless papers. – As a generic term, a simple, low-risk investment that does not require explanation; in a narrower sense, a savings book. – See banker, milkmaid bull market, imitation, informal, herd behavior, bait offer, ramp.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: firstname.lastname@example.org