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lad⋅der
[lad-er] 
–noun
| 1. | a structure of wood, metal, or rope, commonly consisting of two sidepieces between which a series of bars or rungs are set at suitable distances, forming a means of climbing up or down. |
| 2. | something resembling this. |
| 3. | a means of rising, as to eminence: the ladder of success. |
| 4. | a graded series of stages or levels in status; a hierarchical order of position or rank: high on the political ladder. |
| 5. | Nautical. companionway (def. 1). |
| 6. | Chiefly British. a run in a stocking. |
–verb (used with object)
| 7. | to climb or mount by means of a ladder: to ladder a wall. |
| 8. | to furnish with a ladder: to ladder a water tower. |
| 9. | Chiefly British. to cause a run in (a stocking). |
–verb (used without object)
| 10. | Chiefly British. to get a run, as in a stocking. |
| 11. | to gain in popularity or importance: He laddered to the top of his profession. |
Origin:
bef. 1000; ME laddre, OE hlǣder; c. G Leiter, D leer (also ladder < Fris); akin to Goth hleithra tent; orig., something that slopes. See lean 1
bef. 1000; ME laddre, OE hlǣder; c. G Leiter, D leer (also ladder < Fris); akin to Goth hleithra tent; orig., something that slopes. See lean 1
Related forms:
lad⋅der⋅less, adjective
lad⋅der⋅like, lad⋅der⋅y, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To laddering
| lad·der (lād'ər) n.
To run, as a stocking does. [Middle English, from Old English hlǣder; see klei- in Indo-European roots.] |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Laddering
The promotion of inflated pre-IPO prices for the sake of obtaining a greater allotment of the offering.
Investopedia Commentary
An underwriter will push up the issue price of an IPO through promotion in order to please the issuer and secure a larger allotment.
Related Links
IPO Basics Tutorial
See also: Allotment, Bond Ladder, IPO, Underwriter
Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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laddering
- An investment strategy in which bonds or certificates of deposit that have different maturities are assembled for a portfolio. For example, an investor with $50,000 might invest $10,000 in bonds with a two-year maturity, $10,000 in bonds with a four-year maturity, $10,000 in bonds with a six-year maturity, and so forth. Principal from matured bonds or CDs is either spent or reinvested in additional bonds or CDs with longer maturities at the top of the ladder. A laddered portfolio hedges interest rate changes by providing liquidity with short-term securities while at the same time providing a relatively steady source of income with long-term, fixed-income investments. Also called liquidity diversification, staggering maturities.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Copyright © 2003. Published by Houghton Mifflin.
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Copyright © 2009, Dictionary.com, LLC. All rights reserved.
