Investing Glossary Gross Parity net parity accrued interest

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Investing Glossary: Gross parity

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Term:

Gross parity

Definition:

Applies mainly to convertible securities and international equities. Antithesis of Net parity. For the price of a convertible, including accrued interest. For the price of international security, including commissions, fees, stamp duty, and other Transaction costs, translated into U.S. dollar amounts.

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02/09/2012 - SV1n