Lemon

Filed Under » ,
Dictionary Says

Definition of 'Lemon'

A very disappointing investment. A lemon is an investment in which your expected return wasn't even close to being achieved, and more than likely ended up losing you some or all of the capital committed. Lemon investments can be associated with poor money management, economic factors, financial fraud or just plain bad luck. 
Investopedia Says

Investopedia explains 'Lemon'

The most common and well-known example of a lemon is in the used car industry, where defective or poorly conditioned vehicles that are bought and sold by the purchaser without prior knowledge of the true state of the vehicle. There are, however, regulations in the U.S. that attempt to protect consumers in the event that they purchase a defective vehicle, known as Lemon Laws.

Related Definitions

Search results for

'Lemon'

  • Did You Buy A Lemon?

    http://www.investopedia.com/articles/pf/08/buy-a-lemon.asp
    Did You Buy A Lemon? January 11 2008 | Filed ... new car. But what exactly is a
    lemon? And what do you do if you just bought one? Despite all ...

  • How To Avoid Buying A "Lemon" Product

    http://www.investopedia.com/articles/pf/11/solutions-to-lemon-problem.asp
    How To Avoid Buying A "Lemon" Product. ... (Find out how to fix a sour deal on your car
    purchase. See Did You Buy A Lemon?). Advertisement - Article continues below. ...

  • Used Car Shopping: How To Avoid A Lemon

    http://www.investopedia.com/articles/pf/08/used-car.asp
    Used Car Shopping: How To Avoid A Lemon. ... In this article, we'll go over how to shop
    for a used car and give you some tips to help you avoid buying a lemon. ...

  • Car Shopping: New Or Used?

    http://www.investopedia.com/articles/pf/07/neworusedcar.asp
    ... You also have less recourse if you have purchased a lemon, as lemon laws often apply
    only to vehicles under a certain age and with less than a certain number ...

  • Investing In Foreclosures Not A Get-Rich-Quick Venture

    http://www.investopedia.com/articles/mortgages-real-estate/08/investing-in-foreclosures.asp
    ... purchases made. In the same situation, the buyer seeking that one special
    purchase ends up with a lemon - a total loss. The situation ...

  • Top 10 Ways To Get Top Dollar For Your Car

    http://www.investopedia.com/articles/pf/08/preserve-car-value-vehicle-depreciation.asp
    ... Learn what you can do about a problematic vehicle in Did You Buy A Lemon?) 4. Check
    Your VIN Report A vehicle identification number (VIN) report is like a ...

  • Warranties That Aren't Worth It And Why - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0211/Warranties-That-Arent-Worth-It-And-Why.aspx
    ... Additionally, it's always a good idea to check the company's customer service track
    record before buying the plan. (For more, check out Did You Buy A Lemon?). ...

  • 2011 Cars With The Highest Resale Value - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/2011-Cars-With-Highest-Resale-Value.aspx
    ... price range. (For more, check out Used Car Shopping: How To Avoid A Lemon.).
    IN PICTURES: Top 5 Money-Saving Tips For Your Car. Sedans ...

  • 6 Corporate Tax Loops Obama Wants To Close - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/6-Corporate-Tax-Loops-Obama-Wants-To-Close.aspx
    ... were still in the lemonade business, the government would not have given you the
    same credit if you used more efficient fertilizers to increase your lemon yield ...

  • Winning The Jackpot: Dream Or Financial Nightmare?

    http://www.investopedia.com/articles/pf/08/jackpot.asp
    ... In theory, your maintenance costs will decrease if your new car is under warranty,
    but the new car could end up being a lemon or may be less reliable than your ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links