GNU Collaborative International Dictionary of English

last match results

Found 2 definitions

1.       
   Whipsaw (?), n.
   1. A saw for dividing timber lengthwise, usually set in a frame, and worked by two persons; also, a fret saw.
   
   [1913 Webster]
   
   
   2. A kind of narrow ripsaw, tapering from butt to point, with hook teeth and averaging from 5 to 7½ feet in length, used by one or two men.
   
   [Webster 1913 Suppl.]
   
   
         
       

2.       
   Whipsaw, v. t.
   1. To saw with the whipsaw.
   
   [Webster 1913 Suppl.]
   
   
   2.  To defeat in, or cause to lose, two different bets at the same turn or in one play, as a player at faro who has made two bets at the same time, one that a card will lose and another that a different card will win; hence, to defeat in spite of every effort.
   
   [Webster 1913 Suppl.]
   
   
   3. to cause to suffer a setback or losses by subjecting to two forces at the same time or in rapid succession; as, “consumers were whipsawed by both inflation and higher sales taxes”.
   
   [PJC]
   
   
   4. (Finance) to cause to suffer a series of losses in trading when buying and selling at the wrong times in a rapidly fluctuating market; --  especially used when an attempt is made, by selling short, to recover losses from a long purchase in a declining market, and the short sale also results in a loss when the market subsequently rises.  Used mostly in the passive; as, “to be whipsawed by exaggerated responses to a changing outlook”.
   
   [PJC]