Secular basis

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 "1050 years or more".[1]

References

  1. Harvey, Campbell R (2006-05-06). "Finance Glossary". Retrieved 2006-09-23.


This article is issued from Wikipedia - version of the 6/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.