Rally - Tax Ninja's Word of the week

Team Ninja   September 13, 2020

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Rally[ ral-ee ]


verb (used with object), ral·lied, ral·ly·ing.

  • to bring into order again; gather and organize or inspire anew
  • to draw or call (persons) together for a common action or effort

 

Description:

As you know, stock markets go up and down. A stock market rally is when a large amount of money is entering the market and pushing stock prices up.

So, a rally is good news for investors, because it means that the market is recovering after being down.

 

Usage : Even though he doesn’t have money, it’s hard for him watch the stock market rally from afar without doing anything.


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