MARKET PRICE Definition

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MARKET PRICE (MARKET VALUE), for securities sold on an exchange, is the last reported price at which the securi­ties were sold. For securities sold over-the-counter (OTC), the current price of the securities in the market.

Learn new Accounting Terms

BRADY BONDS were issued by the Mexican government as part of its 1990 debt restructuring. Named after James Brady.

ABSOLUTE CHANGE is a numerical change in an empirical value, e.g. cost of goods was reduced by $9.00.

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