RAND Definition

RAND is a currency of South Africa.

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BROWN BOOK is industry slang for Development of the Oil and Gas Resources of the United Kingdom; an annual report.

COLLECTIVE INVESTMENT SCHEME, globally, is any arrangement for pooling several investors funds so that the pooled fund can obtain economies of scale and a spread of investments beyond the reach of individual investors. It is usually called an investment company in the U.S.A.

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