term used to describe the position of an investor whose stocks or bonds have dropped in value below their purchase price, presenting the problem of a substantial loss if the securities were sold.
adjective adjective 1: Confused, bewildered, mixed-up. (1945 —) . B.Malamud He was more than a little hung up, stupid from lack of sleep, worried about his work (1971). 2: Obsessed, preoccupied; followed by on. (1957 —) . New Scientist Roszak is very hung up on the power that science grants (1971). Cf. hang-upnoun.
[Perh. from verbal phr. to hang up to delay, detain.]