Morgan Stanley Capital International Emerging Markets Global Index

Definition:

A market capitalization-weighted benchmark indexmade up of equities from 29 developing countries.

Investing Essentials


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

Term of the Day

Liquid

In context of securities, easily traded or converted to cash. In context of a corporation, the state of having enough cash and cash equivalents to cover short-term obligations.

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