Spiffy-Drop

Business, Legal & Accounting Glossary

Definition: Spiffy-Drop


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.


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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.