Business, Legal & Accounting Glossary
An expression signifying that a security is undersold or overbought. For example, if a share of a particular company’s stock is trading at $15 when the intrinsic value of the company is $10, the stock is said to be oversold and thus ahead of itself. The expression is used for listed securities.
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This glossary post was last updated: 20th November, 2021 | 0 Views.