Dual listing

Definition:

Listing of a security on more than one exchange, thus increasing the competition for bid and offer prices, the liquidity of the securities, and the length of time the stock can be traded daily (if listed on both the east and west coasts.) See: Listed security.

Investing Essentials


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

Term of the Day

Net present value of growth opportunities

A model valuing a firm in which net present value of new investment opportunities is explicitly examined.

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