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bag holder

or bag·hold·er

[ bag hohl-der ]

noun

, Finance.
  1. someone who retains an unprofitable investment rather than selling it at a loss, only to suffer an even worse loss when the investment eventually becomes worthless:

    Make sure you don't turn into a bag holder if this stock ends up not performing.



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Word History and Origins

Origin of bag holder1

First recorded in 2005–10
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Example Sentences

What I have realized is that in the end I am a bag holder.

The tall, 40-piece preschool toy includes a plastic oven door, stovetop, overhead vent, garbage bag holder, counter space, storage compartments and food.

Out of a hat stand, he fashioned an IV bag holder.

According to its documentation, the star paid $1,055.38 for the beige and white cart, which is powered by a 245cc two-stroke engine that currently doesn’t run, and the vehicle remains all-original, save for the golf bag holder, which was removed.

“By the time you figure out what it is,” he said, “you’re just a bag holder.”

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