What is the meaning of Efficiency?

Efficiency is the degree and speed with which a market accurately incorporates information into prices.

Barry Goldsmith
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APABarry Goldsmith. (2010). efficiency. Retrieved September 20, 2026, from http://smartdefine.org/efficiency/definitions/1152778
ChicagoBarry Goldsmith. 2010. "efficiency" http://smartdefine.org/efficiency/definitions/1152778 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, efficiency, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/efficiency/definitions/1152778>.
MLABarry Goldsmith. "efficiency" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/efficiency/definitions/1152778>
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