Examlex
When the Art Institute of Chicago purchases a painting by Mary Cassatt that she produced in Paris in 1885, this would not be included in the U.S.GDP for 2015.
Modified Duration
A measure indicating the sensitivity of a bond's price to changes in interest rates, estimating the percentage price change for a parallel shift in yield curves.
Yield
The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment's cost.
Market Efficiency
A concept that describes the degree to which stock prices and other securities' prices reflect all available, relevant information.
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