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What is a Precipice?

What is a Precipice?

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mmartillo posted on Fri, Sep 26 2008 10:13 AM

I have seen this term used in financial discourse recently. What does it mean?

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Answered (Verified) duffmann808 replied on Fri, Sep 26 2008 11:01 AM
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mmartillo:

I have seen this term used in financial discourse recently. What does it mean?

From Wiktionary..."The brink of a dangerous situation".

 

I think you can see where they were headed when it was mentioned.

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