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Z-Score

A crucial concept in finance, the Z-score is a statistical tool that measures the distance a data point is from the mean of a data set. It is calculated in terms of standard deviations and is often used in credit-strength tests to determine the probability of bankruptcy. Understanding the Z-score can offer valuable insights into the financial health of a company or individual.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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