mispricing
C1CEFR level
70/100Rarity: rare
TechnicalRegister
A divergence between a security's market price and its fair value.
The fund's whole thesis rested on a mispricing between the convertible and its underlying shares.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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