OVERBOUGHT

Etymology

Adjective

overbought (not comparable)

(finance) Of a stock or commodity market condition: where there has been significant trading bidding up prices to higher levels, levels which seem overextended or excessive on a short-term basis.

Usage notes

The term can be applied subjectively, or in technical analysis there are various different indicators which technical analysts may use for (more or less) objective identification of overbought conditions.

Antonyms

• oversold

Source: Wiktionary


OVERBUY

O`ver*buy", v. t.

1. To buy too much.

2. To buy at too dear a rate. Dryden.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

26 June 2024

INCORPORATE

(verb) include or contain; have as a component; “A totally new idea is comprised in this paper”; “The record contains many old songs from the 1930’s”


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Coffee Trivia

The expression “coffee break” was first attested in 1952 in glossy magazine advertisements by the Pan-American Coffee Bureau.

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