Secular basis
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In the finance industry, something done on a secular basis is done on a long-term basis, not a temporary or cyclical one; by custom, this is a time frame of "10–50 years or more".[1]
[edit] References
- ^ Harvey, Campbell R (2006-05-06). "Finance Glossary". http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm. Retrieved 2006-09-23.
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