LIMIT ORDER Definition

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LIMIT ORDER is an order to buy or sell a stock at a customer specified price.

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NET OPERATION PROFIT AFTER TAXES (NOPAT) is a profitability measure that omits the cost of debt financing (i.e. it omits interest payments, along with their associated tax break). NOPAT is primarily used in the calculation of EVA. It is calculated: NOPAT = operating income x (1 - Tax Rate).

EARNING ASSET is an asset which provides income (e,g, rental property).

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