The Phrase ______________ Refers to Security Where Identity Is Proven

question 74

Short Answer

The phrase ______________ refers to security where identity is proven by presenting more than one item for proof of credentials. Multiple factors often include a password and some other identifier such as a unique code sent via e-mail or mobile phone text, a biometric reading (e.g. fingerprint or iris scan), a swipe or tap card, or other form if identification

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Definitions:

Efficient Markets Hypothesis

The Efficient Markets Hypothesis suggests that asset prices in financial markets fully reflect all available information at any given time, making it impossible to consistently achieve higher returns than the overall market.

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed, that lenders charge borrowers or the rate earned by depositors.

Interest Rate

The percentage charged on the total amount borrowed or earned on the total amount saved or invested.

Informationally Efficient

A characteristic of markets where all available information is already reflected in the prices of assets, ensuring that no participant can achieve consistent excess returns.