- Slang. a temporary recovery in stock prices after a steep decline, often resulting from the purchase of securities that have been sold short.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- stock exchange informal a temporary recovery in prices following a substantial fall as a result of speculators buying stocks they have already sold rather than as a result of a genuine reversal of the downward trend
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012