lame duck

  

Definition

A firm in financial difficulties. Or, an officeholder with considerably eroded authority at the end of tenure or term of office because either he or she is ineligible or is not seeking another term. Originally, it denoted a member of a stock exchange who was 'hammered' and expelled from the membership for being unable to meet financial or contractual obligation.

Related Videos




http://www.businessdictionary.com/definition/lame-duck.html

Have a question about lame duck? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z