Conservatorship

Definition:

An enentity either set up by the government or by court order that takes control of an organization that is unable to function on its own (due to legal or financial distress). See: Convservator

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

Term of the Day

Dependent variable

Term used in regression analysis to represent the element or condition that is dependent on values of one or more other independent variables.

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