CAR Definition

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CAR is Certificate of Automobile Receivables; an asset ­backed security supported by automobile loan contracts.

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EFFICIENT MARKET THEORY is the hypothesis that market prices reflect the knowledge and expectations of all investors. Within this theory, investors who adhere to it believe it to be highly improbable that market movement can be predicted, i.e., using darts to chose stocks are just as effective as stock or market analysis.

ANTICIPATED is what is expected.

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