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effective annual yield
effective call price
effective circulation
effective date
effective duration
effective edge
effective margin
effective spread
effective striking price
effective tariff rate
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efficacy

ef·fi·ca·cy [ éffikəssee ] or ef·fi·cac·i·ty [ èffi kássətee ]


noun 
Definition:
 
effectiveness: the ability to produce the desired result

[Early 16th century. < Latin efficacia< efficac- (see efficacious)]
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