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English definition of “stag”

stag

noun [C]     /stæɡ/ informal
FINANCE, STOCK MARKET someone who buys shares in a company when it is first sold to the public and sells them as soon as the share price goes up to make a quick profit: No one had expected the share offer to be a high stag stock.
(Definition of stag noun from the Cambridge Business English Dictionary © Cambridge University Press)
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