Examlex
Discuss how the Internet affects the marketplace for securities.
Probability
The measure of the likelihood that an event will occur.
Function
A mathematical relation between a set of inputs and a set of permissible outputs with the property that each input is related to exactly one output.
Navigation Acts
A series of English laws enacted in the 17th century, aimed at restricting colonial trade to English ships and ensuring that colonies contributed to the economic benefit of the mother country.
Salutary Neglect
A British policy in the early 18th century allowing the American colonies considerable freedom in economic matters, so long as this freedom did not conflict with British economic interests.
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