INDUSTRY Definition

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INDUSTRY is the people or companies engaged in a particular kind of commercial enterprise.

Learn new Accounting Terms

BAD DEBT is an open account balance or loan receivable that has proven to be uncollectible and is written off.

TOP-DOWN APPROACH TO INVESTING is an investment approach that first seeks to define major economic and industry trends, then proceeds to identify the individual companies most likely to benefit from those trends. See BOTTOM-UP APPROACH TO INVESTING.

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