Core competence

Definition:

Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty.

Investing Essentials


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

Term of the Day

Performance shares

Shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria.

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