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What is meant by the natural rate of unemployment?
Endowments
Funds donated to institutions with the stipulation that the principal remains intact and only the investment income is spent.
After-Tax Rate
The rate of return on an investment after accounting for taxes, more reflective of the net gain to the investor.
Safety Of Principal
The assurance that an investment will be repaid or retained, primarily concerning the preservation of invested capital.
Diversified Portfolio
An investment strategy that involves spreading investments across various asset classes to reduce risk.
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