Examlex
Investors in a Structured Investment Vehicle (SIV) have no direct right to the cash flows on the underlying portfolio of the SIV.
Original Position
A hypothetical situation in John Rawls' theory where individuals decide on the principles of justice that will structure society, without knowing their place in it.
Rawls
References John Rawls's principle of justice that emphasizes equal basic liberties, equality of opportunity, and addressing the disadvantages through redistributive policies.
Difference Principle
A concept in political philosophy suggesting that social and economic inequalities should be arranged so that they are to the greatest benefit of the least advantaged members of society.
Inequalities
Instances of disparity or unfairness in treatment, opportunities, or resources among individuals or groups.
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