Examlex
The following is an example of Radio Shack hedging its foreign currency risk:
Discretionary Investment Power
The authority granted to manage and make investment decisions on behalf of someone else, typically within specified parameters.
Conservative Debt Securities
Investments in fixed-income securities that are considered low risk, typically issued by government entities or stable corporations.
Prudent Person
A legal standard used to represent the hypothetical individual who exercises average care, skill, and judgment in decision-making, serving as a comparative standard in legal and financial fields.
Discretionary Investment Power
The authority given to a person or entity to make investment decisions on behalf of another without needing express consent for each decision.
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