English Explanatory Dictionary

multibagger

English dictionary entry

Meanings

noun
  1. An equity stock that gives a return of more than 100%.

Word forms

multibagger multibaggers

Etymology

From multi- + bag + -er; coined by Peter Lynch in his 1988 book One Up on Wall Street, in reference to baseball, where "bags" or "bases" that a runner reaches are the measure of the success of a play.

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