Russell 2000

Definition:

A market capitalization-weighted benchmark index made up of the 2000 smallest US companies in the Russell 3000.

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

Term of the Day

Laffer curve

A curve conjecturing that economic output will increase if marginal tax rates are cut. Named after economist Arthur Laffer.

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