Two-bagger
Investment that doubled
Example
We're sitting in a very good place as our investment has turned into a two-bagger
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 |
| Two bagger | Double |
| Double | Hit that results in the batter getting to second base |
Are you financially literate?
A financial term that refers to an investment that has doubled, or in other words, has risen 100%; comes from the "two bagger" baseball term that stands for a double; believed to be popularized by Peter Lynch, an American businessman.