Some 16th-century Italian clergymen tried to ban coffee because they believed it to be “satanic.” However, Pope Clement VII loved coffee so much that he lifted the ban and had coffee baptized in 1600.
OVERSOLD
Etymology
Adjective
oversold (not comparable)
(finance) In a stock or commodity market condition where there has been significant trading driving prices down to lower 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 oversold conditions.
Antonyms
• overbought
Source: Wiktionary
OVERSELL
O`ver*sell`, v. t. [imp. & p. p. Oversold; p. pr. & vb. n. Overselling. ]
1. To sell for a higher price than; to exceed in selling price. One whose beauty Would oversell all Italy. Beau. & Fl.
2. To sell beyond means of delivery. [Brokers'Cant] Oversold market (Brokers' Cant), a market in which stocks or commodities have been sold "short" to such an extent that it is difficult to obtain them for delivery.
Source: Webster’s Unabridged Dictionary 1913 Edition
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Coffee Trivia
