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Term of the Day
directed order
direct written premium
directed share program
Definition
A
customer
initiated
order
for the
purchase
of
sale
of a
security
which
directs
it to a specific
stock exchange
for
execution
. The ability of
customers
to
direct
their
orders
has increased the
competitiveness
of
bid
offerings
by the various
exchanges
.
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Popular 'Stocks' Terms
equity
common stock
mutual fund
preferred stock
stock
debt/equity ratio
security
P/E ratio
market capitalization
book value
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