Username: LuckyWoman Rating: Asked to: Goro Yang Date Created: 13 Oct 2016 |
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Category | 28 |
Tag | Financial |
Question | What does 'Take A Bath' mean? |
Hi LuckyWoman, Take a bath is a slang term referring to the situation of an investor who has experienced a large loss from an investment or speculative position. Investors whose shares have declined significantly are said to have taken a bath. For example, following the technology boom of the late 1990s and early 2000s, many investors, because of their huge losses, were said to have taken a bath. |
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