posted on 06-06-2019
Updated October 1, 2019
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 loston every trade he has made during the last 20 months. He is a lame duck.