Business Deal Gone Wrong

Turkey (Disappointing Investment)
The term 'Turkey' in finance refers to a disappointing investment. It may be used in reference to a business deal that went awry, to the purchase of a stock or bond that dropped in value sharply, or to a new securities issue that did not sell well or had to be sold at a loss.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.