bag holder

or bag·hold·er

[ bag hohl-der ]

noun

, Finance.

1. someone who retains an unprofitable investment rather than selling it at a loss, only to suffer an even worse loss when the investment eventually becomes worthless:

   Make sure you don't turn into a bag holder if this stock ends up not performing.

Word History and Origins

Origin of bag holder¹

First recorded in 2005–10

Example Sentences

What I have realized is that in the end I am a bag holder.

From The Verge

The tall, 40-piece preschool toy includes a plastic oven door, stovetop, overhead vent, garbage bag holder, counter space, storage compartments and food.

From Fox News

Out of a hat stand, he fashioned an IV bag holder.

From Seattle Times

Out of a hat stand, he fashioned an IV bag holder.

From Washington Times

According to its documentation, the star paid $1,055.38 for the beige and white cart, which is powered by a 245cc two-stroke engine that currently doesn’t run, and the vehicle remains all-original, save for the golf bag holder, which was removed.

From Fox News