Recession Rich

Filed Under » , , , , ,
Dictionary Says

Definition of 'Recession Rich'

A slang term used to describe an individual who manages to do well financially, relative to broader population, during a recession. Someone that is recession rich does not necessarily need to be considered wealthy, but rather has managed to maintain a good standard of living during a time when others worry about their financial stability.      
Investopedia Says

Investopedia explains 'Recession Rich'

Coined during the financial crisis of 2008-2009, the term was most commonly used in social circles to describe someone from the same socioeconomic class who was enjoying financial success relative to his or her peers. Some examples of a recession rich individual would be someone who buys a luxury vehicle during an economic downturn, or an individual who spends disposable income freely rather than safe guarding his or her money.

Related Definitions

Search results for

'Recession Rich'

  • Recession Rich Companies That Are Hiring - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1109/Recession-Rich-Companies-That-Are-Hiring.aspx
    ... Recession Rich Companies That Are Hiring. Posted:
    November 16, 2009 11:28AM by Katie Adams. ...

  • 5 Top Investors Who Profited From The Recession - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/5-Investors-That-Are-Both-Rich-And-Smart.aspx
    ... 5 Top Investors Who Profited From The Recession. ... to "buy when there's blood in the
    streets" has been attributed to more than one rich businessman, but is a ...

  • Four Stocks That Will Make You Rich Or Break You

    http://stocks.investopedia.com/stock-analysis/2009/Four-Stocks-That-Will-Make-You-Rich-Or-Break-You-EK-LIZ-ABK-MBI1218.aspx
    ... plenty of stocks still have the potential to make an investor rich if they get anywhere
    close to where they were trading before the recession and financial ...

  • The New Rich: How Much Money Does It Take? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1110/The-New-Standard-For-Rich.aspx
    ... What does it take to be considered rich in 2010 ... adopt lots of children, give away
    several Mercedes, revitalize New Orleans , and fix the recession, among other ...

  • Top Recession Wines For The Holidays - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1109/Top-Recession-Wines-For-The-Holidays.aspx
    ... Savor the rich spicy taste with pasta and poultry. ... Even on a humble budget you can
    keep the celebration flowing by adding recession-chic wines to your holiday ...

  • How The Rich Got Richer - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0511/How-The-Rich-Got-Richer.aspx
    ... can rise from relative obscurity into the ranks of the rich and famous ... Investing
    The Oracle of Omaha used the financial recession to make investments that have ...

  • No Recession In High-End Goods

    http://stocks.investopedia.com/stock-analysis/2010/No-Recession-In-High-End-Goods-LVMUY-COH-JWN-DEO-TIF-MOV-JCP1015.aspx
    ... Article; Comments (0). No Recession In High-End Goods. Posted:
    Oct 15, 2010 10:18 AM by Stephen D. Simpson, CFA. ...

  • Electric Utilities Grind Through Recession

    http://stocks.investopedia.com/stock-analysis/2009/Electric-Utilities-Grind-Through-Recession-FE-DUK-EIX-ED-SO0930.aspx
    ... or lack of it, as the economy eventually moves out of recession into recovery. ... to
    produce top line revenue which will ultimately fuel those rich dividends and ...

  • Nordstrom: Recession Proof But Not Weather Proof

    http://stocks.investopedia.com/stock-analysis/2007/Nordstrom_Recession_Proof_But_Not_Weather_Proof_JWN.aspx
    ... Leads To Excess Inventory With its high-end, and presumably recession-proof clientele ...
    Take Control Of Your Credit Cards.) The resilience of the rich is probably ...

  • Jobless Recovery: The New Normal Since 1990

    http://www.investopedia.com/articles/economics/10/jobless-recovery-the-new-normal.asp
    ... Why doesn't employment rebound following a recession? ... would say that it is capitalism
    at work, while the opposing view would say that the rich get richer at ...

Related Articles

Trading Center
Partner Links