The second Monday in December, which is one of the most lucrative days for retail companies. Green Monday is a popular shopping day for last-minute holiday shoppers. The term was coined in 2007 by the website Shopping.com in reference to the website's highest sales day.
There is no shortage of catch-phrases for the major retail shopping days that occur near the winter holidays. Black Friday describes the Friday after Thanksgiving, when many people start their Christmas shopping because they are off of work and retailers offer special sales. Cyber Monday describes the Monday following Thanksgiving, where online retailers offer above-average deals to entice consumers.
Investment dictionary. Academic. 2012.
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