multibagger

noun

multibagger

noun

Etymology From multi- + bag + -er; coined by Peter Lynch in his 1988 book One Up on Wall Street, in reference to baseball, where "bags" or "bases" that a runner reaches are the measure of the success of a play.

1

Business, Finance An equity stock that gives a return of more than 100%.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.