Plunge Team

Dictionary Says

Definition of 'Plunge Team'

A colloquial reference to a group of economic leaders within the United States whose purpose is to ensure the nation's financial markets are efficient, competitive, and provide confidence for investors.
Investopedia Says

Investopedia explains 'Plunge Team'

Created by Ronald Reagan in 1988 to deal with the crash of 1987, the group was formed due to Executive Order 12631.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Black Monday

    October 19, ...
  2. Efficient Market Hypothesis - EMH

    An investment ...
  3. Stock Market Crash Of 1987

    A rapid and ...
  4. Rule Of Thumb

    A guideline that ...
  5. Loan

    The act of ...
  6. Bay Street

    A street in ...
  7. Bagel Land

    A slang term ...
  8. Weighted Average

    An average in ...
  9. Receive Versus Payment - RVP

    A settlement ...
  10. Quarter - Q1, Q2, Q3, Q4

    A three-month ...

Articles Of Interest

  1. Whisper Numbers: Should You Listen?

    These unofficial forecasts hold the potential for insider insight - and investment risk.
  2. Financial Physics: "Natural" Market Laws

    Physics uses math to define the laws of the universe; here, we look at what laws explain the financial universe.
  3. Top Ranking Nations By HNWI

    The United States, Japan and Germany together make up 53.3% of the total worldwide high net worth individual population.
  4. TARP 4 Years Later - How Did It All Work Out?

    The TARP program is estimated to cost taxpayers about $32 billion, much less than the OMB's reported estimate.
  5. How Your Tax Rate Is Determined

    Feel like the government always has its hand in your pocket? Learn the theory behind how it decides how much to take.
  6. History Of The U.S. Federal Trade Commission

    Since the early 1900s, the Federal Trade Commission has been working to protect U.S. citizens from corporations.
  7. Understanding Supply-Side Economics

    Does the amount of goods and services produced set the pace for economic growth? Here are the arguments.
  8. What The National Debt Means To You

    The U.S. deficit seems to grow every year. But how does it actually affect you?
  9. What Is the Quantity Theory of Money?

    Take a look at the tenets, assumptions and challenges of monetarism's principal theory.
  10. Social Security Depletion: Is The Fear Justified?

    There are a number of reasons why concerns over Social Security depletion have emerged, but there are ways you can prepare for it.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center