Three-bagger
Investment that tripled
Example
Although we lost money on our foreign investments we have a three-bagger in domestic
Related Slang
NYSE | New York Stock Exchange |
Big Board | New York Stock Exchange |
ISO | Incentive stock option |
NQSO | Non-qualified stock option |
NOS | New old stock |
AHT | After-hours trading |
Three bagger | Triple |
Triple | Hit that results in the batter getting to third base |
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.