Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Lame Duck

What it is:

A lame duck is a person who has gone bankrupt or is in default. In politics, a lame duck is a politician whose tenure is about to end.

How it works (Example):

For example, let's say John Doe has lost money on every trade he has made during the last 20 months. He is a lame duck.

Why it Matters:

The world of money has many colorful terms. This term is one of many that describe bad investments, bad investors and other aspects of the downside of investing.