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    #1

    a lame duck

    Dear teachers,

    Would you be kind enough to tell me whether I am right with my interpretation of the expression in bold in the following sentence?

    Frauds of which a lame duck on the Stock exchange would be ashamed.

    a lame duck = bankrupt stockjobber

    Thank you for your efforts.

    Regards,

    V
    Last edited by vil; 03-Sep-2010 at 16:30.

  1. emsr2d2's Avatar
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    #2

    Re: a lame duck

    Quote Originally Posted by vil View Post
    Dear teachers,

    Would you be kind enough to tell me whether I am right with my interpretation of the expression in bold in the following sentence?

    Frauds of which a lame ducks on the Stock exchange would be ashamed.

    a lame duck = bankrupt stockjobber

    Thank you for your efforts.

    Regards,

    V
    Generally, "a lame duck" is simply an ineffective person.

    Note: I assume the phrase in bold should read "duck", not "ducks".

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    #3

    Re: a lame duck

    Hi emsr2d2,

    I agree with you but to a certain degree.

    lame duck: West's Encyclopedia of American Law (Full Article) from Answers.com

    A trader or investor who makes poor trades and ends up with heavy losses over time would be considered a lame duck. Often, if a trader goes bankrupt, it is not the result of one bad trade but a long string of them - such a trader is called a lame duck because he or her is ineffective as a trader. (The term lame duck also refers to a politician who has chosen not to seek re-election, is ineligible to run for office again or has lost an election but is still in office until the election winner takes control of the office. The politician is considered a lame duck as he or she is not accountable to the constituency he or she represents.)

    V.

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