Definition
Related Definitions
Fourth World
The term ‘Fourth World’ is used to refer to the people who are living in the world’s most poverty-stricken nations, particularly in Asia and Africa. These nations have a relatively low GNP per capita, and these nations also rely on heavy foreign aid. The fourth world also includes people from tribal areas, aboriginal tribes, indigenous people etc.
Term of the day
Value Fund
What is a value fund?
A value fund is a type of mutual fund that aims to invest in fundamentally strong stocks but are undervalued. The fund managers’ in......
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