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

Continuous compounding

The process of accumulating the time value of money forward in time on a continuous, or instantaneous, basis. Interest is earned constantly, and at each instant, the interest that accrues immediately... Read More

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