Definition

A stock pumped by internet communities convinced they're beating Wall Street, usually before losing money spectacularly.

Example Usage

Everyone's putting their college fund into this meme stock because apparently financial advice belongs on Reddit.

Source: Financial market terminology

Related Terms

Intermediate

depreciate

To decline in value over time, or to belittle something—the financial equivalent of watching your investment slowly deflate like a sad balloon.

💰 Finance / Accounting
Intermediate

buyout

When one party acquires a controlling stake in a company by purchasing enough shares to tell everyone else to pack their desk plants. It's the corporate equivalent of buying out your roommate's lease, except with more lawyers, bigger numbers, and significantly less drama about who gets the couch. Can be friendly (management buyout) or hostile (surprise, you work for someone else now).

💰 Finance / Accounting
Advanced

Defalcation

A fancy legal term for embezzlement that makes stealing company funds sound almost scholarly. It's the misappropriation of money held in trust or fiduciary capacity, often discovered when the auditors start asking uncomfortable questions.

💰 Finance / Accounting
Beginner

banking

The art of entrusting your money to institutions that will charge you fees for the privilege of holding it, then lend it to other people at higher rates. This financial sector involves a complex ecosystem of overdraft charges, minimum balance requirements, and ATMs that somehow always cost $3.50 when you're desperate. For corporations, it's where money goes to make more money through mechanisms mere mortals cannot comprehend.

💰 Finance / Accounting
Beginner

Blue Chip

Large, well-established companies that are considered safe investments, named after the highest-value poker chips because Wall Street can't resist gambling metaphors. They're the financial equivalent of ordering chicken fingers at a fancy restaurant: boring, but unlikely to disappoint.

💰 Finance / Accounting
Advanced

bourse

A stock exchange or marketplace where securities, commodities, or specialized goods are traded; fancy European word for 'the place where prices get decided and fortunes change.'

💰 Finance / Accounting

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