© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Random Walk

Definition:

Hipsters' favorite finance term. Especially if the walk is in Williamsburg.

Random walk is a belief that the market is unpredictable and you can't beat it. The market just walks where it wants to, bro—there's no rhyme or reason to it.

Don't tell Warren.