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Morningstar rating system

Definition:

A system used in rating mutual funds and annuity by Morningstar Incorporated of Chicago.

Investing Essentials


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

Term of the Day

Corporate repurchase

Active buying by a corporation of its own stock in the marketplace. Reasons for repurchase include putting idle cash to use, raising EPS, creating support for a stock price, increasing internal... Read More

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