STAT Definition

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STAT is an abbreviation of "statistical", e.g. stat software package.

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ECONOMIC PROFITS is the difference between the total revenue and the total opportunity costs.

ACTIVE is a a security eligible for the OTC Bulletin Board (OTCBB) that meets the frequency of quotation requirement or the so-called "piggyback" exception. Once the frequency of quotation or piggyback exception has been satisfied, authorized participants may register on-line in a security. As long as the security remains active, any participant may quote the security without a Form 211 submission.

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