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

AFUDC is Accumulated Funds Used During Construction or Allowance for Funds Used During Construction.

CONSULAR DECLARATION is a formal statement to the consul of a foreign country declaring the merchandise to be shipped.

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