AVERAGE FUNDS EMPLOYED Definition

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AVERAGE FUNDS EMPLOYED see FUNDS EMPLOYED.

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GLOBAL FUND is a (mutual) fund that can invest in companies located anywhere in the world, including the home country, e.g. the United States. Whereas, an International Fund is a (mutual) fund that can invest only outside the home country.

REPLACEMENT COST NEW is the current cost of a similar new property having the nearest equivalent utility to the property being valued.

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