CONTRACTOR Definition

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CONTRACTOR is the person or entity who will provide the goods or services under the provisions of the contract.

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SHARPE RATIO, named after William P. Sharpe, is a measurement of portfolio trading performance. It is calculated by subtracting risk free rate from total portfolio return, then dividing by the standard deviation of the portfolio:Sharpe ratio = Total portfolio return - Risk free rate / Portfolio standard deviation.

LIP ACCOUNT see LOAN-IN-PROCESS ACCOUNT.

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