TOP-DOWN APPROACH TO INVESTING Definition

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TOP-DOWN APPROACH TO INVESTING is an investment approach that first seeks to define major economic and industry trends, then proceeds to identify the individual companies most likely to benefit from those trends. See BOTTOM-UP APPROACH TO INVESTING.

Learn new Accounting Terms

GENERAL OBLIGATION BOND (GO) is a municipal bond that represents the full taxing power of the issuing authority behind the repayment of principal and interest.

KRONE (KRONEN) is a currency of Austria, Bohemia, and Romania.

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