Three-bagger

What does three-bagger mean?

Investment that tripled

A financial term that refers to an investment that has tripled; believed to be popularized by Peter Lynch, an American businessman; comes from the "three bagger" baseball term that stands for a triple.

Example

Although we lost money on our foreign investments we have a three-bagger in domestic.

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Updated May 20, 2015

Three-bagger Definition by Slang.net

This page explains what the slang term "Three-bagger" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.

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