Upstart

AAA

DEFINITION of 'Upstart'

An individual who has risen in social rank and/or economic status but who has yet to be accepted by other individuals in his or her newly found social and economic class. Upstart refers to a person who has had a sudden rise to a new class and lacks the social skills and grace that would be appropriate to the new position. It often implies arrogance or presumptuousness.

INVESTOPEDIA EXPLAINS 'Upstart'

For example, an individual could go from the proverbial rags to riches following an inheritance. The upstart, who has quickly risen in economic status, has yet to learn the social skills necessary to be accepted by other people in his or her new class. An upstart can also describe a person who has suddenly been moved into a position of power or other position of consequence.

RELATED TERMS
  1. Upper Class

    A socioeconomic term used to describe individuals who reside ...
  2. Heir

    HeirA person who inherits some or all of the estate of another ...
  3. Wealth

    A measure of the value of all of the assets of worth owned by ...
  4. Inheritance

    All or part of a person's estate/assets that is given to an heir ...
  5. Beneficiary

    Anybody who gains an advantage and/or profits from something. ...
  6. Mobile First Strategy

    Mobile first strategy is trend in website development where designing ...
RELATED FAQS
  1. How do I attract high net worth individuals (HNWI) as clients at my financial advisor ...

    While the majority of financial advisers provide wealth management and comprehensive financial planning to a wide range of ... Read Full Answer >>
  2. Which states are the most expensive for high-income earners?

    The most expensive states for high-income earners are California, Hawaii and New York. The tax rates assessed by these states ... Read Full Answer >>
  3. What are the benefits of high net worth insurance?

    High-net-worth individuals (HWNI) face unique insurance challenges and tend to gravitate towards different insurance products. ... Read Full Answer >>
  4. What is the best app to track my residual income?

    The mobile marketplace is flooded with personal finance apps and tools for household management. Level Money and Personal ... Read Full Answer >>
  5. Is depreciation only used for tangible assets?

    Depreciating an asset involves claiming the expense on the business's taxes over the course of the life of the asset in an ... Read Full Answer >>
  6. What is the difference between tangible and intangible assets?

    Tangible Assets Tangible assets are physical assets such as land, vehicles, equipment, machinery, furniture, inventory, stock, ... Read Full Answer >>
Related Articles
  1. Retirement

    Bursting Boomers' Inheritance Dreams

    Waiting for a big payload from an aging relative? The chance of cashing in is lower than you think.
  2. Retirement

    In-Depth Guide To Estate Planning

    The process of planning your estate takes careful consideration. Skip any of these important steps, and your estate could be mishandled.
  3. Insurance

    Encouraging Good Habits With An Incentive Trust

    Money can be a powerful motivator - why not use it to teach your heirs positive lessons?
  4. Retirement

    Refusing An Inheritance

    Contrary to popular belief, inheriting assets isn't always a good thing. Find out what to do if you want to disclaim them.
  5. Entrepreneurship

    The 10 Richest Women In Fashion

    The top 10 richest women in fashion have many similarities as well as differences. From nationality to career trajectory, these women have established themselves in their own unique ways.
  6. Taxes

    Top Tax Issues For High-Net-Worth Individuals

    Wealth brings benefits, but from a tax perspective it creates special challenges. Here are some tax issues to pay attention to.
  7. Entrepreneurship

    The 10 Richest Women In Tech & Media

    These 10 women are the wealthiest in tech and media.
  8. Entrepreneurship

    The 10 Richest Women In The United States

    We provide an overview of America's 10 richest women, the sources of their wealth, and their professional and philanthropic activities.
  9. Personal Finance

    Are You In The Top One Percent Of The World?

    If you live in an industrialized country, cracking the top one percent of income earners isn't as difficult as you might think.
  10. Fundamental Analysis

    Young Investors: Should You Care About Dividends?

    If you're a young investor, you may want to consider a non-traditional approach to investing.

You May Also Like

Hot Definitions
  1. Net Worth

    The amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure ...
  2. Stop-Loss Order

    An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit ...
  3. Covered Call

    An options strategy whereby an investor holds a long position in an asset and writes (sells) call options on that same asset ...
  4. Butterfly Spread

    A neutral option strategy combining bull and bear spreads. Butterfly spreads use four option contracts with the same expiration ...
  5. Unlevered Beta

    A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta ...
  6. Moving Average - MA

    A widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random ...
Trading Center