TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

speculative bubble [1 record]

Record 1 2012-07-09

English

Subject field(s)
  • Stock Exchange
  • Economic Fluctuations
DEF

A rapid, but usually short-lived, run-up in prices caused by excessive buying which is unrelated to any of the basic, underlying factors affecting the supply or demand for the commodity or financial instrument.

CONT

Speculative bubbles are usually associated with a "bangwagon" effect in which speculators rush to buy the commodity or financial instrument ... before the price trend ends, and an even greater rush to sell the commodity or financial instrument ... when prices reverse.

CONT

Take the great speculative bubble in dot-com and technology companies, which finally burst in the spring of 2000 ... one of the great speculative financial manias of all time, alongside the South Sea Bubble and the Dutch tulip mania in the 17th century.

French

Domaine(s)
  • Bourse
  • Fluctuations économiques
DEF

Hausse anticipée des cours d'une place financière qui entraîne des achats massifs de titres.

CONT

Les exemples historiques de bulles spéculatives les plus connus concernent les bulbes de tulipe en Hollande entre 1634 et 1637 [...] Plus récemment, [...] la montée des prix sur les actions de la nouvelle économie à la fin des années quatre-vingt-dix [...], suivie de leur effondrement en 2000 [...]

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Fluctuaciones económicas
DEF

Rápida expansión de una parte de la economía basada en las expectativas de rentabilidad, que impulsa el incremento de la inversión, la entrada de capitales al mercado en cuestión, la valoración de los activos, etcétera, todo lo cual determina una sobreinversión en el sector, la cual conduce finalmente el derrumbe.

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