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TeachMeFinance.com - explain Holding the bag historic definition... Holding the bag -- A Wall Street colloquialism ; said of an unwilling buyer. For example, a speculator or a pool may have arranged to buy a certain amount of a particular stock in expectation of an advance in it only to find out when the proposed amount has been accumulated that it is necessary in consequence of free offerings to continue purchases to prevent a fall in the price. If the speculator or pool keeps on buying he or it is, in Wall Street parlance, holding the bag that is, receiving stock that others wish to part with. A speculator or pool may hold the bag in grain, cotton, coffee or any other speculative commodity as well as in a stock. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.