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Definition

To fall below the value of one dollar per share.

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Origins

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

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In Context

  • "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 […]"