Examlex
Only the offeree (or his or her agent) to whom an offer is directed can accept the offer.
Expected Return
The weighted average of all possible returns for an investment, considering the probabilities of each outcome.
Risk Averse
Describes an individual or entity's preference to avoid risk, where they prioritize certainty and are willing to accept lower returns in exchange for greater certainty or security.
High-Technology Stocks
These are shares in companies involved in high-tech industries, known for rapid innovation and growth potential but also higher risk.
Long-Term Government Bonds
Debt securities issued by a government with a maturity of typically more than ten years, used to fund public expenditures.
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