Examlex
In a given year, the S&P 500 Index fund outperforms about ______ of all active funds.
Clause Ambiguity
A situation where a provision in a contract or document can be interpreted in more than one way, leading to uncertainties or disputes.
Self-Governing
The ability of a community, organization, or group to exercise control and make decisions independently from external authorities.
Professional Bodies
Organizations representing the interests of individuals in specific professions, often responsible for regulation and standards.
Disciplinary Function
Describes a process or role aimed at enforcing rules and regulations, often within organizations, to ensure proper conduct and order.
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