PUBLIC FUNDS Definition

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PUBLIC FUNDS is money funded in government securities or through the levy of taxes from a governmental entity.

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MID-CAP is a stock with a capitalization, total equity value, between $500 million and $5 billion.

COVERAGE RATIO is a measure of a corporations ability to meet a certain type of expense. In general, a high coverage ratio indicates a better ability to meet the expense in question. Examples: dividend coverage, fixed-charge coverage, interest coverage, preferred dividend coverage.

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