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Today's Terms
Mutual fund
Definition:
An investment company that continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies. Money is collected from individuals and invested on their behalf in varied portfo
Unions
Definition:
Unions are organizations of workers to improve their working conditions and protect their common interest.
Asset
Definition:
A possession of value, usually measured in terms of money.
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