efficient market

noun

ef·​fi·​cient market
: a securities and commodities market whose prices always reflect the most accurate and up-to-date information compare fraud on the market theory

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Cite this Entry

“Efficient market.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/efficient%20market. Accessed 27 Apr. 2024.

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