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break the buck

verb

Etymology

Break (as in break the bank) + the + buck (“dollar (colloquial)”).

Definitions

  1. To fall below the value of one dollar per share.

    • 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 […]

The neighborhood

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sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA