Business, Legal & Accounting Glossary
A spiffy-drop is when a stock drops more dollars per share in a single day than you paid in your own cost per share. It is the opposite of a spiffy-pop.
So for example, if originally you paid $10.15 a share for your shares of Yahoo, and then on some horrible future day Yahoo stock drops $10.16, you have just suffered an ignoble spiffy-drop.
It’s probably worth pointing out that a spiffy-drop usually only happens to an investment that has done well. The ancient Norse saying that “it takes a spiffy-pop to eventually make a spiffy-drop” is more often true than not.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Spiffy-Drop are sourced/syndicated and enhanced from:
This glossary post was last updated: 28th November, 2021 | 0 Views.