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efficient capital market
ef·fi·cient cap·i·tal mar·ket (plural ef·fi·cient cap·i·tal mar·kets)


noun 
Definition:
 
market where information flow is efficient: a market in which past and current information is in the public domain and is fully reflected in share prices
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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