bubbleless

Cultural Dictionary

bubble definition


A period of wild speculation in which the price of a commodity or stock or an entire market is inflated far beyond its real value. Bubbles are said to “burst” when a general awareness of the folly emerges and the price drops.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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