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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Sandbagging

Definition:

When a flood is imminent, people put bags of sand against the shores of rivers and lakes. The idea is that the sand absorbs the water and slows the flooding, hopefully saving a few basements along the way.

When a company sandbags, they try to keep estimates of financials pretty conservative. They publish underwhelming numbers so that when the real numbers come in, the company looks that much better. 

Underpromise, overdeliver.