Examlex
Portfolio revision is the ongoing process of systematically studying the issues in the portfolio and selling certain issues and purchasing others as the means of maintaining a portfolio that best meets the investor's objectives.
ATC
The abbreviation for Average Total Cost, which is the total cost divided by the number of goods produced.
Fixed Cost
Costs that do not vary with the level of output or production, such as rent or salaries.
Variable Cost
Costs that vary directly with the level of output or production volume, such as materials and labor expenses.
Average Variable Cost
The total variable costs incurred by a firm divided by the quantity of output produced.
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