Business, Legal & Accounting Glossary

Definition: Spiffy-Drop


Full Definition of Spiffy-Drop

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.

Cite Term

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.

Page URL
Modern Language Association (MLA):
Spiffy-Drop. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 02, 2023 https://payrollheaven.com/define/spiffy-drop/.
Chicago Manual of Style (CMS):
Spiffy-Drop. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/spiffy-drop/ (accessed: February 02, 2023).
American Psychological Association (APA):
Spiffy-Drop. PayrollHeaven.com. Retrieved February 02, 2023
, from PayrollHeaven.com website: https://payrollheaven.com/define/spiffy-drop/

Definition Sources

Definitions for Spiffy-Drop 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: 28th November, 2021 | 0 Views.