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What is a ROE?

What is a ROE? Here are some definitions.

Noun
  1. (accounting) Return on equity — A measure of how well a company used reinvested earnings to generate additional earnings.
  2. (military) Rule of engagement — a rule governing when to fire or return fire
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Examples
The gonads of both male and female sea urchins, usually called sea urchin roe or corals, are culinary delicacies in many parts of the world.
Roe and the Short Brothers had a training in engineering and their companies were usually privately financed.
Occasionally, remains of young roe deer and wild boar are present in its faeces.
Both increased in the 1990s, as Corporate America scaled back break-even points and boosted ROE by investing heavily in laborsaving equipment.
The British forces fought an inconclusive war with the Ulster Irish led by Owen Roe O'Neill.
The use of ROE as a proxy for an insurer's financial performance is widely used in research.

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