M Definition

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M as the fifth letter of a Nasdaq stock symbol indicates that the issue is the fourth class of preferred shares of the company.

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COMMISSION is remuneration proportional to sales volume; stated as a percentage or monetary amount.

CONSUMER PRICE INDEX (CPI) is the measure of change in consumer prices as determined by a monthly survey by the U.S. Bureau of Labor Statistics. Among the CPI components are the costs of food, housing, transportation, and electricity (i.e., the average cost of a "basket" of goods and services). Also known as the cost-of-living index.

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