Share capital of a corporation that declines in value very quickly with no reasonable prospect of recovery (a stock that is declining in value very fast with no chance to foreseeable reversal). Experience shows that this happens when the market environment in which the company operates deteriorates rapidly, profits fall and management is unable to halt the downward trend. In that case, shareholders sell their stock for whatever they can receive. – See money pit, money burn, imparity principle, lemons problem, million grave, loss trap, waste watcher, numbers, red.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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