All photos, videos, text, and other content are the property of RentPath, LLC. RENT.COM and the RENT.COM Logo are registered trademarks of RentPath, LLC. All rights reserved. Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries.
bubble. 1  a nearly spherical body of gas contained in a liquid. 2  a small globule of gas in a thin liquid envelope. 3  a globule of air or gas, or a globular vacuum, contained in a solid. 4  anything that lacks firmness, substance, or permanence; an illusion or delusion.
An economic bubble or asset bubble is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value. It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future. Asset bubbles date back as far as the 1600s and are now widely regarded as a recurrent feature of modern economic history. Historically, the Dutch Golden Age's Tulipmania is often considered the first recorded economic bubble. Be