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CFA Glossary of Terms and Formulas

Use this glossary to search CFA terms, formulas, and finance concepts while you study. Browse alphabetically, search for a specific term, or review short definitions across the CFA Program.

This page is built for candidates preparing for CFA Level I, Level II, or Level III.

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Data mining

Level II

The practice of determining a model by extensive searching through a dataset for statistically significant patterns.

The practice of determining a model by extensive searching through a dataset for statistically significant patterns. Also called data snooping. Synonyms: Data snooping

Day order

Level I

An order that is good for the day on which it is submitted. If it has not been filled by the close of business, the order expires unfilled.

Day traders

Level III

Traders that rapidly buy and sell stocks in the hope that the stocks will continue to rise or fall in value for the seconds or minutes they are prepared to hold a position. Day traders hold a position open somewhat longer than a scalper but...

COMMON QUESTIONS

FAQs About KeyPoint Learning's CFA Glossary

A CFA glossary is a reference list of terms, formulas, and finance concepts that appear across the CFA Program. It helps candidates review key ideas while studying for Level I, Level II, or Level III.

CFA Glossary

This glossary is designed to support candidates across the CFA Program. Where level information is available, terms can be labeled by CFA Level I, Level II, or Level III.

CFA Glossary

Yes, formula-related terms may be included in the glossary. For a more focused formula review, use the CFA Formula Sheet resource.

CFA Glossary

No. It is better to understand important terms in context than to memorize every definition by itself. Focus on how each concept works, where it appears in the curriculum, and how it may be tested.

CFA Glossary

You can explore KeyPoint Learning’s CFA resources for study planning, calculator guidance, formulas, GIPS Standards, and CFA Program information.

CFA Glossary
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