CONSERVATIVE INVESTOR Definition

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CONSERVATIVE INVESTOR, dependent upon the degree of conservatism, is one that protects and preserves their principal above consideration of capital gains to the point that in the extreme they can be described as being risk averse.

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CONVERTIBLE CURRENCY is any national currency that can be easily exchanged for that of another country.

ACQUISITION COST is the amount, net of both trade and cash discounts, paid for property, plus transportation costs and ancillary costs.

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