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Manipulations
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The act of transacting in the securities of a company that will have or is likely to have the
effect of raising or lowering or maintaining the price of the company's securities on a stock
market, with the intention of inducing other persons to purchase or subscribe for the company's
securities. Such acts are illegal under the Securities Industry Act 1983. |
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Market Capitalization
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The total value of a listed company's shares based on current market price. |
Market Order
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A market order is an order to buy or sell a stock at the current
market price. Unless otherwise specified, a broker will enter an order as a market order. The
advantage of a market order is that it is almost always guaranteed that the order will be executed
(as long as there are willing buyers and sellers). Depending on a firm’s commission structure, a
market order may also be less expensive than a limit order. |
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Marketable Parcel
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Shares traded on a stock exchange as set in multiples based on share price. |
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Market Bids
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A scale on which trading bids, through a stock exchange, are based. |
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Memorandum of Association
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The document of a company that lays down its name, registered office, objectives, share capital
and the liability of its members in the event of winding up. |
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Merger
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In general terms, the amalgamation of two business enterprises into a new entity. |