Market capitalization

Definition:

The total dollar value of all outstanding shares. Computed as shares times current market price. Capitalization is a measure of corporate size.

Investing Essentials


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

Term of the Day

Reopen an issue

The Treasury, when it wants to sell additional securities, will occasionally sell more of an existing issue (reopen it) rather than offer a new issue.

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