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Monopoly

A monopoly exists where there is only one supplier of a product or service. This allows the supplier to charge higher pr..
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Cross Elasticity

A cross elasticity is the effect on the change in demand or supply of one good as a result of a change in something rela..
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Diversification

Investors can reduce risk, and improve the level of risk relative to return, by diversifying their portfolios. Diversify..
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Audit

An audit is a verification of a company's accounts. Internal audits are checks carried out as part of the company's own ..
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Auditors' Opinion

The auditors opinion is the most important part of the audit report that is provided with company accounts. The audit..
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Average

Averaging down is buying more of a security an investor has already bought at a higher price. Because of the unit cos..
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Agreed Takeover Bid

An agreed takeover bid, as opposed to a hostile one, is a bid that is recommended to the shareholders by the directors o..
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Creative Accounting

Creative accounting, also called aggressive accounting, is the manipulation of financial numbers, usually within the let..
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Agency Theory

Agency theory is the branch of financial economics that looks at conflicts of interest between people with different int..
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Agency Cross

A transaction in a security is an agency cross if a broker matches orders between two of its clients directly, rather th..
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AIM (Alternative Investment Market)

AIM (alternative investment market) is a market run by the London Stock Exchange for trading in companies too small to l..
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Angel Investor

Many start-up companies cannot raise venture capital investment. This is usually because they are simply too small to in..
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