X or XD Definition

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X or XD is a symbol used in newspapers to indicate that a stock is trading ex-dividend, i.e., without dividend. The x symbol is also used in bond tables to signify without interest.

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STRIPPED BOND is a bond that can be subdivided into a series of zero-coupon bonds.

STRATEGY MAP is the visual representation of an organization’s strategy and the processes and systems necessary to implement that strategy. A strategy map will show employees how their jobs are linked to the organization’s overall objectives.

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