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TeachMeFinance.com - explain Stag historic definition... Stag -- London Stock Exchange term for one who subscribes for shares or stock of a new company or for a new issue of stock or shares, with no intention of keeping the stock or shares, but instead of selling at once at a profit. As soon as he receives notice of his allotment he sells at the premium quoted in the market. 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.