Transshipment

Definition:

The passing goods from one ocean vessel to another.

Investing Essentials


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

Term of the Day

Lehman Brothers California Municipal Bond Index

A benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in California. All securities have long-term maturities (greater than two years) and are selected from issues... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio