Office of the Comptroller of the Currency

Definition:

Independent bureau within Department of Treasury that charters, regulates, and supervises all national banks and certain branches and agencies of foreign banks in the United States.

Investing Essentials


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

Term of the Day

Gross profit margin

Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold.

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