Tank

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Community Submissions - Author:聽John Ma

The slang word 鈥渢ank鈥 is a term that was adopted from the traditional financial markets and describes a strong negative financial performance of a particular asset. Therefore, an asset is said to be 鈥渢anking鈥 when its price is falling very rapidly. The term tank may also be used to refer to a particular industry or company that is not performing well.

Another common usage of the word, especially in traditional markets, is that an asset or portfolio is considered to be 鈥渋n the tank鈥 if its financial performance over a longer period of time is declining significantly in value.聽

The expression 鈥渢anking鈥 is often used as the opposite of 鈥渞allying鈥 - very similar to how the terms 鈥渄umping鈥 and 鈥減umping鈥 are used. An asset is rallying (or pumping) when it experiences a rapid short-term increase in value, whilst a tanking (or dumping) refers to the opposite when market prices present a sharp and quick decline.

Another related term to tanking is 鈥渂leeding鈥, which also refers to a decline in market prices. However, bleeding often describes a slower drop that takes place on a prolonged period, rather than a quick and sharp one.

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