tulip bubble

tulip bubble definition - business

tulip bubble

The famous speculative period in 17th-century Holland when crazed bidding from merchants, speculators, and individuals sent tulip bulb prices to great heights only to be followed by a sudden fall. Stories surfaced that the Dutch were bidding up to a year's salary for especially desirable bulbs.

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.

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