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

CERTIFICATE OF OBLIGATION is a bond issued by a city, without voter approval.

TOTAL LIABILITIES & NET WORTH is the sum of all liability items and Net Worth.

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