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Investments glossary

Management Discussion and Analysis – MD&A


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There is no moral middle ground. Indifference is not an option. ... For the sake of our children, I implore each of you to be unyielding and inflexible in your opposition to drugs.

— Oliver L. North

Management discussion and analysis (MD&A) is the portion of a public company’s annual report or quarterly filing, in which management addresses the company’s performance. In this section, the company’s management and executives, also known as the C-suite, analyze the company’s performance with qualitative and quantitative measures.


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