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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Cyclical business

Fundamental analysis

A business whose profits rise and fall with an economic or commodity cycle rather than trending steadily.

In plain terms

Looks cheapest at the top and dearest at the bottom, because earnings swing far more than the price does.

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Indian stock market glossary · Market Vidyalaya