Less-developed countries (LDCs)

Definition:

Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level.

Investing Essentials


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

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Public limited partnership

A limited partnership with an unlimited number of partners that is registered with the SEC and is available for public trading by broker/dealers.

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