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LOP, law of one price
n. an economic principle that suggests that a good or security must sell for the same price in all locations; "The law of one price is derived from the assumption that arbitrage is impossible."
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parity
n. functional equality
Economics
n. [the social science concerned with trade, industry and the management of money]
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law of one price
Parts Of Speech
  • Nouns
    2
  • Verbs
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  • Adverbs
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  • Adjectives
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Relationships
  • Fuzzynyms
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