Level

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Level

Used in the context of general equities. Price measure of an indication.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
References in periodicals archive ?
As Bollinger once suggested, in a sequence of now poignant displacements, "water is life and like art it finds its own level."
"But it seems that money, like water, finds its own level and has found its way to these businesses via a market back door; brokers putting up packages of spare cash that big businesses are raising from their equity or bond issues."