Definition: Baldmoney is a concept in finance and economics that refers to assets or investments that are not expected to appreciate, but instead have a fixed value. This means that investors who hold these assets will face higher risk of loss if their investment experiences a decline in value. The term "bald money" comes from the Greek word "bald," which means "empty." It is often used in discussions about speculative investments or investments with low expected returns, where the potential for appreciation is negligible.