or⋅phan
[awr-fuh
n] 
| 1. | a child who has lost both parents through death, or, less commonly, one parent. |
| 2. | a young animal that has been deserted by or has lost its mother. |
| 3. | a person or thing that is without protective affiliation, sponsorship, etc.: The committee is an orphan of the previous administration. |
| 4. | Printing.
|
| 5. | bereft of parents. |
| 6. | of or for orphans: an orphan home. |
| 7. | not authorized, supported, or funded; not part of a system; isolated; abandoned: an orphan research project. |
| 8. | lacking a commercial sponsor, an employer, etc.: orphan workers. |
| 9. | to deprive of parents or a parent through death: He was orphaned at the age of four. |
| 10. | Informal. to deprive of commercial sponsorship, an employer, etc.: The recession has orphaned many experienced workers. |
1425–75; late ME (n.) < LL orphanus destitute, without parents < Gk orphanós bereaved; akin to L orbus bereaved
Related forms:
Based on the Random House Dictionary, © Random House, Inc. 2009.
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| or·phan (ôr'fən) n.
To deprive (a child or young animal) of a parent or parents. [Middle English, from Late Latin orphanus, from Greek orphanos, orphaned; see orbh- in Indo-European roots.] or'phan·hood' n. |
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Orphan
Or"phan\, n. [L. orphanus, Gr. ?, akin to L. orbus. Cf. Orb a blank window.] A child bereaved of both father and mother; sometimes, also, a child who has but one parent living. Orphans' court (Law), a court in some of the States of the Union, having jurisdiction over the estates and persons of orphans or other wards. --Bouvier.Orphan
Or"phan\, a. Bereaved of parents, or (sometimes) of one parent.Cite This Source
orphan
n. [Unix] A process whose parent has died; one inherited by `init(1)'. Compare zombie.Cite This Source
orphan
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orphan
- Of or relating to a security that is not regularly covered by security analysts. An orphan security is likely to attract little investor interest and to sell at a relatively low price compared with other securities of the same type. For example, an orphan stock is likely to sell at a low price-earnings ratio and an orphan bond will offer a relatively high yield.
Case Study Many individuals in the financial community believe investment banking firms have an obligation to provide continuing research coverage of companies they take public. Research coverage increases a firm's exposure to the investment community, an important benefit for the firm and its shareholders, especially investors who acquired stock during the initial public offering. Dropping coverage of a small company and causing the stock to become an orphan can have a devastating effect on the stock's liquidity and market price. In some instances coverage is discontinued because of a loss of investor interest, in which case any remaining investor interest can virtually disappear. Orphan stocks became more common in the tech stock meltdown of 2000-01. In October 2001 Credit Suisse First Boston dropped coverage of Evolve Software, a software and fiber optics company that CSFB took public for $9 a share in August 2000. Although the stock quickly tripled in price following the initial public offering, it soon got caught in the downdraft of the bear market for technology stocks and had declined to approximately 25¢ per share by the time CSFB dropped its coverage of the firm. The analyst at Credit Suisse First Boston remained bullish on the stock until coverage was suddenly dropped a little more than a year after his firm managed the initial public offering. |
Copyright © 2003. Published by Houghton Mifflin.
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Main Entry: or·phan
Function: noun
: a child deprived by death of one or usually both parents; broadly : a child without a parent or guardian
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