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Stag |
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StagA person who applies for shares in a new issue with the intention of selling them soon after trading begins. The stag hopes that the price will rise high enough in early trading for him to make a quick profit.Some new issues are structured in a way to frustrate stags. For instance, the flotation of Carphone Warehouse on the London Stock Exchange in 2000 included a special provision favouring shareholders who kept their shares for three months or more.StagSpeculator who buys and sells stocks to hold for short intervals to make quick profits.Stag Similar MatchesStagnationStagnationA period of slow economic growth, or, in securities trading, a period of inactive trading. StagflationStagflationA period of slow economic growth and high unemployment with rising prices (inflation). Multistage productionMultistage productionAnother term for fragmentation. Used by Dixit and Grossman (1982). Staggering maturitiesStaggering maturitiesHedging against interest rate movements by investment in short-, medium-, and long-term bonds. StagflationStagflationEconomic stagnation (or recession) combined with inflation. |
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