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Market capitalization

Definition:

The total dollar value of all outstanding shares. Computed as shares times current market price. Capitalization is a measure of corporate size.

Investing Essentials


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

Term of the Day

Step-up bond

A bond that pays a lower coupon rate for an initial period, and then increases to a higher coupon rate. Related: Deferred-interest bond, payment-in-kind bond.

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