INTEGRATED LEDGER Definition

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INTEGRATED LEDGER see ENTERPRISE RESOURCE PLANNING.

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TOTAL RETURN is the rate of return on an investment or portfolio that takes into consideration both earned income and changes in market value.

GOING SHORT is the selling of commodities, bonds, or stock before actually buying it. This happens when a dealer or investor believes the price of the item (on the date of its delivery to the buyer) will be lower than its current price. He or she expects to make a profit by buying the item on or just before its delivery date. See GOING LONG.

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