Aunt Millie

Business, Legal & Accounting Glossary

Definition: Aunt Millie



Full Definition of Aunt Millie


Aunt Millie is a derogatory term referring to a novice investor implying they are uninformed or unsophisticated. Experienced investors may refer to a simple or straightforward investment as one that may be attractive to Aunt Millie. The term also insinuates this type of investor may not understand the risk of the investment in relation to the potential gains. This term is often used on Wall Street.

It is considered good practice by financial advisers and brokers to not recommend sophisticated, complex, or risky investments to Aunt Millies.


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https://payrollheaven.com/define/aunt-millie/
Modern Language Association (MLA):
Aunt Millie. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 03, 2020 https://payrollheaven.com/define/aunt-millie/.
Chicago Manual of Style (CMS):
Aunt Millie. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/aunt-millie/ (accessed: December 03, 2020).
American Psychological Association (APA):
Aunt Millie. PayrollHeaven.com. Retrieved December 03, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/aunt-millie/

Definition Sources


Definitions for Aunt Millie are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 2nd April, 2020 | 0 Views.