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Definition:

Used in the context of general equities. (1) No longer obligated to an order, as it has already been canceled: (2) advertised on Autex.

Investing Essentials


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

Term of the Day

Purchasing power of the dollar

The amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period.

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