Export Management Consultant (EMC)

Definition:

A company serving as the export department of other firms. Normally, EMC's work on a commission basis and do not take title to the goods they export. Also see: Export Trading Company.

Investing Essentials


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

Term of the Day

Arbitrage Pricing Theory (APT)

An alternative model to the capital asset pricing model developed by Stephen Ross and based purely on arbitrage arguments. The APT implies that there are multiple risk factors that need to be taken... Read More

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