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What is the meaning of a black swan?

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A "black swan" is a very surprising and unexpected event that often has profound benefit or consequences. This term serves as a metaphor based on the surprising discovery of black swans in Australia. Black swan is used in finance to describe an unexpected occurrence leading to drastic gains or losses.

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What is the meaning of a black swan?
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Black swan has a somewhat similar meaning to the expression, "diamond in the rough." The rise of American patriots and the onset of the Revolutionary War, for example, was a black swan for the British, who expected allegiance from colonists. The popular play and movie, "Black Swan," tells the story of a delicate and innocent swan princess who contends with an alter ego driven by darkness and seduction.

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