Examlex
Esters can be formed by the dehydration-condensation of a carboxylic acid and an alcohol.
Insurance
A financial product or agreement where an individual or entity receives financial protection or reimbursement against losses from an insurance company.
Inherent Risks
Risks that exist naturally within a project or activity, regardless of any mitigating strategies.
Efficient Markets Hypothesis
A theory stating that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the average market return.
Random Walk
The path of a variable whose changes are impossible to predict.
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