Good afternoon,
During a conference call this week, one of the participants asked what is an "Emerging Market". Immediately, there was a THUNDEROUS LAUGHTER from the group, mostly attorneys. Now, being on the call with a bunch of lawyers wasn't exactly my idea of fun and I could tell the questioner was embarrassed by his question so I posed the question to several of the attorneys --- as suspected, they came up with some big words and came up with the WRONG answer. All of them were WRONG! As a result, I thought I would provide some basic definitions for all the NEWBIES.
I hope you enjoy,
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