ACV Definition

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ACV see ACTUAL CASH VALUE.

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JUNK BOND is a bond with a speculative credit rating of BB or lower. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys Investor Services, provide the rating systems for companies credit. See HIGH YIELD JUNK.

MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

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