English version

efficient market

From Longman Business Dictionary
Related topics: Economics
efficient marketefˌficient ˈmarket [singular]ECONOMICS the belief that prices on the stockmarket show not only how much a company is actually worth but also what investors expect from the company. Those who believe in the efficient market believe that it is not possible to find shares priced below their true value and make a quick profitThe efficient market hypothesis strongly supports index funds over mutual funds. market
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