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 |
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.