Three-bagger

Meaning

Investment that tripled

A financial term that refers to an investment that has tripled; believed to be popularized by Peter Lynch, an American businessman; comes from the "three bagger" baseball term that stands for a triple.

Example

"Although we lost money on our foreign investments we have a three-bagger in domestic."

Related Slang

Usage

Last Updated: May 20, 2015

Three-bagger definition

This page explains what the slang term "Three-bagger" means. The definition, example, and related terms listed above have been written and compiled by the Slangit team.

We are constantly updating our database with new slang terms, acronyms, and abbreviations. If you would like to suggest a term or an update to an existing one, please let us know!