from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. (business) too much capitalization (the sale of more stock than the business warrants)
Sorry, no etymologies found.
Incidentally, Western Trolley had gone into the hands of a receiver, a failure involving another hundred million dollars, and Union Cordage had fallen thirty-five points through sensational disclosures as to its overcapitalisation.
"Barring this type of financial Armageddon, the current levels of overcapitalisation may be reduced by losses and poor investment returns, but that should not return us to the bouts of capital starvation that drove market behaviour in some of the earlier hard markets."
WSH - News, the global insurance broker, reports that the onset of harder insurance market conditions is currently being restrained by overcapitalisation and the absence of a 'game changing' event that would fundamentally alter market expectations and behaviour.