Definition of Ratio

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TeachMeFinance.com - explain Ratio




historic definition...

Ratio -- In coinage ratio is the term used to express the equivalent between gold and silver. The ratio of 16 to I, for instance, means that i ounce of gold is counted as worth 16 ounces of silver.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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