Examlex
Proposals may be internal or external, but most proposals are external.
Federal Government
The national government of a federated state, which holds the authority to govern at a level above individual states or provinces.
Opportunity Cost
The expense associated with missing out on the second-best choice while deciding among multiple possibilities.
Efficient Markets
A concept that asserts that financial markets are "informationally efficient," meaning that prices of securities reflect all available information at any given time.
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