asymmetric information

asymmetric information definition - finance
Information that is known to some people but not to others. For example, in a merger situation, the parties involved in the deal have more knowledge than their competitors that the industry is about to undergo a significant change.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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