Meaning BLACK MONDAY: Refers to October 19, 1987, when the Dow Jones Industrial Average fell 508 points on the heels of sharp drops the previous week. On Monday, October 27, 1997, the Dow dropped 554 points. While the point drop set a new record, the percentage decline was substantially less than in 1987
More terms such as Black Monday in Dictionary B.
- Definition Bear CD:
- Examples A bear CD pays the holder a fraction of any fall in a given market index black monday definition.
- Definition Blow-Off Top:
- Examples A steep and rapid increase in price followed by a steep and rapid drop. This is an indicator seen in charts and used in technical analysis of stock price and market trends black monday explain.
- Definition "Back Up The Truck":
- Examples In the context of general equities, Prepare for a very large buyer black monday what is.
- Definition Bondholder:
- Examples The firm often has stockholders and bondholders. In a liquidation, the bondholders have first priority black monday meaning.
- Definition Bank Draft:
- Examples A draft addressed to a bank black monday abbreviation.
