Enroned

Enroned
A slang term for having been negatively affected by senior management's inappropriate actions or decisions. Being "Enroned" can happen to any stakeholder, such as employees, shareholders or even suppliers. The term is derived from the name Enron, which was an American energy company that filed for bankruptcy in late 2001 due to accounting fraud. These ill actions caused thousands to lose their jobs and investment value.

In any large corporation there is faith placed in upper management to make the right decisions and lead the company into profitability. When the company makes decisions that cause job loss or the reduction in benefits, the affected individual is said to have been "Enroned". For example, if someone has lost their job because their employer was shut down due to illegal activities that they had nothing to do with, they have been "Enroned."


Investment dictionary. . 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • post-traumatic job switcher — n. A person who changed jobs as a result of stress or anxiety caused by the terrorist attacks of September 11, 2001. Example Citation: Signs of the changing emphasis abound. Teach for America, which places recent college graduates in urban and… …   New words

  • enron — v. When corporate executives mismanage a company for personal gain. It was painful for Bill in engineering to sit back and watch the CEO and his biker chick wife enron the company. n. 1) Big corporation s views that they are above the law; also… …   Dictionary of american slang

  • enron — v. When corporate executives mismanage a company for personal gain. It was painful for Bill in engineering to sit back and watch the CEO and his biker chick wife enron the company. n. 1) Big corporation s views that they are above the law; also… …   Dictionary of american slang

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”