Meaning of break the buck | Babel Free
Definitions
To fall below the value of one dollar per share.
US, idiomatic
Examples
“In 1994, during the Orange County bankruptcy, a few funds were poised to break the buck, until their parent companies stepped in.”
“"We were likely going to see more funds halt redemptions" and break the buck. The insurance program is part of a wider rescue package […]”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.