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Recognizance is a formally recorded to perform some act entered by a judge to permit a convicted individual to live in the community.
Expected Return
The average of all possible returns from an investment, weighted by their probabilities.
Market
A venue where goods, services, or financial instruments are exchanged between buyers and sellers, either physically or electronically.
Beta
An indicator of a stock's fluctuation compared to the general market, where a beta above 1 signals increased volatility.
Risk-Free Rate
An estimated profit from a risk-free investment, commonly illustrated by government security yields.
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