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Term of the Day
champagne stock
chameleon option
Chancellor of the Exchequer
Definition
A
stock
that appreciates quickly to the point of doubling or tripling in
value
. These
stocks
have
lucrative
returns
, and they can occur in any
sector
or
industry
. Champagne stocks can
lose
money
quickly when the stock begins to
depreciate
.
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Popular 'Stocks' Terms
equity
common stock
mutual fund
preferred stock
stock
debt/equity ratio
security
P/E ratio
market capitalization
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