Examlex
The efficient amount of pollution abatement is likely to be 100 percent.
Active Portfolio
An active portfolio refers to a collection of investments that are managed and regularly adjusted by portfolio managers in an attempt to outperform the market.
Out-Of-The-Money Call
An options contract where the market price of the underlying asset is below the strike price, rendering it unprofitable to exercise.
Nonsystematic Variance
The portion of an asset's total variance that is attributable to company-specific or industry-specific factors and can be mitigated through diversification.
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