Pricing efficiency definitions

Pricing efficiency

Also called external efficiency; a market characteristic that prices at all times fully reflect all available information that is relevant to the valuation of securities.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm

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Pricing efficiency

Also called external efficiency, a market characteristic where prices at all times fully reflect all available information that is relevant to the valuation of securities.
Found on http://www.encyclo.co.uk/local/20047

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Pricing Efficiency

Also called external efficiency; a market characteristic that prices at all times fully reflect all
Found on http://www.encyclo.co.uk/local/22402

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