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Pricing efficiency

• Also called external efficiency, a market characteristic where prices at all times fully reflect all available information that is relevant to the valuation of securities.

 
 Embedded terms in definition
 Efficiency
External efficiency
Market
Prices
Securities
Valuation
 
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Having once decided to achieve a certain task, achieve it at all costs of tedium and distaste. The gain in self-confidence of having accomplished a tiresome labor is immense. Thomas Arnold Bennett

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