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Which medication works by covering, cooling, drying, or soothing inflamed skin?
Unsystematic Risk
The segment of risk that is unique to a specific company or industry, also known as diversifiable risk, which can be mitigated through diversification.
Diversification
Spreading a portfolio over many investments to avoid excessive exposure to any one source of risk.
Portfolio
A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.
Unique Risk
Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called firm-specific risk, nonsystematic risk, or diversifiable risk.
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