ECONOMIC EVENT Definition

ECONOMIC EVENT is the transfer of control of an economic resource from one party to another party.

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AGENCIES is securities issued by various agencies of the U.S. Government, such as the Federal National Mortgage Association.

TURNAROUND is the reversal of unfavorable circumstances of a business where an investment opportunity may exist. A firm may work with such a business to restructure the management and finances in order to take the greatest advantage of more favorable circumstances. There are organizations like the Turnaround Management Association that specialize in turning around failing companies.

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