Absolute form of purchasing power parity


A theory that prices of products of two different countries should be equal when measured by a common currency. Also called the "law of one price."

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Growth stage

In context of private equity, the state of a company when it has received one or more rounds of financing and is generating revenue from its product or service. Also known as middle... Read More

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