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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Goro Yang

Date Created: 13 Oct 2016
Category 28
Tag Financial
Question What does 'Take A Bath' mean?
Advice from Guru
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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