Leprechaun Leader

DEFINITION of 'Leprechaun Leader'

A corporate manager or an executive who, like the fabled Irish elf, is a mischievous and elusive creature said to possess buried treasures of money and gold.

Also spelled "Lepre-con Leader".

BREAKING DOWN 'Leprechaun Leader'

According to Irish folklore, the location of hidden treasure is revealed only when the leprechaun is caught. In the case of a leprechaun leader, the "buried treasure" is not usually buried, but protected in an offshore account!

Examples of leprechaun leaders are the executives of Enron, who stowed away millions of dollars until they were finally caught.

RELATED TERMS
  1. Irish Stock Exchange – ISE

    A stock exchange located in Ireland. The Irish Stock Exchange ...
  2. IEP (Irish Pound)

    The currency abbreviation or currency symbol for the Irish pound ...
  3. Double Irish With A Dutch Sandwich

    A tax avoidance technique employed by certain large corporations, ...
  4. Treasurer's Draft

    A type of bank draft that is payable through a designated bank. ...
  5. Price Leadership

    When a firm that is the leader in its sector determines the price ...
  6. Cash Management

    The corporate process of collecting, managing and (short-term) ...
Related Articles
  1. Executive Compensation

    Treasurer: Job Description & Average Salary

    Discover more about the responsibilities of a treasurer and the skills needed for this position, as well as the average annual salary of a treasurer.
  2. Career Education & Resources

    Treasurer: Career Path & Qualifications

    Learn what it takes to be a modern corporate treasurer, starting from undergraduate study and working up the ladder into a leadership role.
  3. Insurance

    The Challenging Role Of The Corporate Treasurer

    Corporate treasury management has evolved from an offshoot of accounting to a more specific and strategic career.
  4. Professionals

    Common Interview Questions for Treasurers

    Identify the types of questions often asked in treasurer job interviewers, and learn how to deliver strong responses that separate you from the competition.
  5. Professionals

    How To Improve Your Leadership Skills

    Few people are born leaders. Most need to learn the required skills, and then practice them throughout their lives.
  6. Personal Finance

    "Elf"

    This festive favorite stars Will Ferrell as a human who believes he is an elf.
  7. Budgeting

    Don't Get Buried Again

    The only way to get out of debt is to roll up your sleeves and start paying it off - one dollar at a time.
  8. Personal Finance

    How To Improve Your Leadership Skills

    Being a leader can help you in your career. Here are some tips for improving your leadership skills.
  9. Budgeting

    Provide Access

    Get your partner on the same financial page.
  10. Home & Auto

    7 Must-Have Real Estate Contract Conditions

    Buying a home can bury you in paperwork. But it’s worth your time to make sure your contract contains these seven important conditions.
RELATED FAQS
  1. What are the primary factors that drive prices in the gold industry?

    Find out about the factors that drive gold prices, such as interest rates, the stock market, demand and supply, and the value ... Read Answer >>
  2. When is a bond's coupon rate and yield to maturity the same?

    Read about some of the major business risks assumed by Enron and Arthur Andersen, its accounting partner, before its infamous ... Read Answer >>
  3. What factors make it difficult to compare performance ratios between retail stocks?

    Learn which factors make it difficult to compare performance ratios among retailers due to differences in pricing strategies, ... Read Answer >>
  4. How do financial advisors execute trades?

    Understand how financial advisors normally execute an investor's trades. Learn about the different type of markets and exchanges ... Read Answer >>
  5. What was the Gold Reserve Act?

    The Gold Reserve Act of 1934 gave the government the power to peg the value of the dollar to gold and adjust it as it pleased. ... Read Answer >>
  6. What are some high profile cases of companies who failed to be socially responsible?

    Learn about corporate social responsibility. Explore how Enron's lack of corporate responsibility ultimately destroyed the ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center