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Glossary Finance & Markets

Correction

A fall of roughly 10% from a recent high. Corrections are common and often brief, which is what distinguishes them from bear markets.

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Quorum

The minimum number of members who must be present for a body to take a valid…

Portfolio

The full collection of what an investor holds. Judging any single holding without reference to the…

Liquidity

How easily an asset can be bought or sold without moving its price. Thin liquidity is…

Coalition government

A government formed by two or more parties because no single party holds a majority. Policy…

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