Lame Duck


Lame Duck
A person who has defaulted on his or her debts or has gone bankrupted due to the stock market. The financial use of the term is most commonly used in Europe.

A trader or investor who makes poor trades and ends up with heavy losses over time would be considered a lame duck. Often, if a trader goes bankrupt, it is not the result of one bad trade but a long string of them - such a trader is called a lame duck because he or her is ineffective as a trader. (The term lame duck also refers to a politician who has chosen not to seek re-election, is ineligible to run for office again or has lost an election but is still in office until the election winner takes control of the office. The politician is considered a lame duck as he or she is not accountable to the constituency he or she represents.)


Investment dictionary. . 2012.

Look at other dictionaries:

  • lame duck — ˌlame ˈduck noun [countable] informal 1. a politician or a government that no longer has any real power or authority: • A bad defeat for his party in October risks making him a lame duck for the remaining two years of his presidency. 2. COMMERCE… …   Financial and business terms

  • lame duck — {n.}, {informal} An elected public official who has been either defeated in a new election or whose term cannot be renewed, but who has a short period of time left in office during which he can still perform certain duties, though with somewhat… …   Dictionary of American idioms

  • lame duck — {n.}, {informal} An elected public official who has been either defeated in a new election or whose term cannot be renewed, but who has a short period of time left in office during which he can still perform certain duties, though with somewhat… …   Dictionary of American idioms

  • Lame duck — can refer to:* Lame duck (politics), an elected official who has lost political power * Lame duck (game design), a player in a game who cannot win, yet remains in the game. * Lame duck (tango), a position in tango * Lame Ducks (TV series), a… …   Wikipedia

  • lame duck — lame ducks 1) N COUNT: oft N n (disapproval) If you describe someone or something as a lame duck, you are critical of them because they are not successful and need to be helped a lot. Look, I m not one of your lame ducks... It is not proper to… …   English dictionary

  • Lame duck — Duck Duck, n. [OE. duke, doke. See {Duck}, v. t. ] 1. (Zool.) Any bird of the subfamily {Anatin[ae]}, family {Anatid[ae]}. [1913 Webster] Note: The genera and species are numerous. They are divided into {river ducks} and {sea ducks}. Among the… …   The Collaborative International Dictionary of English

  • lame duck — n. A public official still in office after the election but before the inauguration of his or her successor. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. lame duck …   Law dictionary

  • lame´-duck´ — lame duck, 1. U.S. a public official, especially a Congressman, who has been defeated for reelection and is serving the last part of his term: »Like a lame duck President, a Prime Minister who is known to be on the way out cannot command… …   Useful english dictionary

  • Lame duck — Lame Lame (l[=a]m), a. [Compar. {Lamer} (l[=a]m [ e]r); superl. {Lamest}.] [OE. lame, AS. lama; akin to D. lam, G. lahm, OHG., Dan., & Sw. lam, Icel. lami, Russ. lomate to break, lomota rheumatism.] 1. (a) Moving with pain or difficulty on… …   The Collaborative International Dictionary of English

  • lame-duck — adjective only before noun a lame duck leader or LEGISLATOR is one that is not powerful: a lame duck president …   Usage of the words and phrases in modern English

  • lame duck — 1761, any disabled person or thing; especially Stock Exchange slang for defaulter. A lame duck is a man who cannot pay his differences, and is said to waddle off. [Thomas Love Peacock, Gryll Grange, 1861] Sometimes also in naval use for an old,… …   Etymology dictionary


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