What is a Lame Duck?
A lame duck is a person who has gone bankrupt or is in default. In politics, a lame duck is a politician whose tenure is about to end.
How Does a Lame Duck Work?
For example, let's say John Doe has lost money on every trade he has made during the last 20 months. He is a lame duck.
Why Does a Lame Duck Matter?
The world of money has many colorful terms. This term is one of many that describe bad investments, bad investors and other aspects of the downside of investing.
