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an insignificant brief recovery that occurs after a steep decline
Abused, Confused, & Misused Words by Mary Embree Copyright © 2007, 2013 by Mary Embree
1. A short-lived rally near the bottom of an otherwise persistent decline in the market price of a stock, often caused by investors covering short positions.
2. An auspicious but ultimately short-lived improvement in an otherwise unfavorable trend.
[From expressions such as even a dead cat will bounce if it falls far and fast enough.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Stock Exchange) 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 and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Slang. a temporary recovery in stock prices after a steep decline, often resulting from the purchase of securities that have been sold short.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.