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Tuesday, October 18, 2011

Finance Glossary


Back Testing: This means analyzing the history of the investment opportunity provided and comparing with the present trends to see how successful (if successful) the investment would be.

Best Ask: This is the lowest price of a security or asset which a seller can accept at a particular time.

Best Bid: This is the highest price of a security or asset which a buyer can give at a particular time.
 
Big Board: This is the major indigenous stock exchange company in the US, responsible for overseeing the activities in the stock exchange operations