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effective date
effective duration
effective edge
effective margin
effective spread
effective striking price
effective tariff rate
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efficiency wage
ef·fi·cien·cy wage


noun 
Definition:
 
wage minimizing labor costs: the wage that is accompanied by the lowest total labor cost
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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