rich

rich definition - business

rich

  1. Of, relating to, or being an asset judged by some investors to be overvalued. For example, a new issue of stock may carry an offering price that many analysts consider rich.
  2. Describing a person with substantial wealth.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.
Related Discussions (1)
TopicRepliesLatest Post
Just a joke on consonant-rich languages...125 years ago

Browse Forums