Short for South Sea bonds, scheme, Company, etc.: see compounds 2.
单词 | θ222126 |
释义 | society > trade and finance > stocks and shares > [noun] > specific scheme (3) South Sea1711 Short for South Sea bonds, scheme, Company, etc.: see compounds 2. South Sea scheme1720 a stockjobbing scheme established by the South Sea Company in 1720 for trading in the southern hemisphere to repay the British national debt, which… South Sea bubble1723 a speculative boom in the shares of the South Sea Company in 1720 which ended with the failure of the company and a general financial collapse (cf. S… |
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