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Chief Operating Officer (COO)

Definition

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.

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


Term of the Day

Overwriting
A speculative option strategy that involves selling call or put options on stocks that are believed to be overpriced or underpriced; the options are expected not to be exercised.

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