Examlex
The amount of light let into the eye is controlled by the iris.
Market Risk
The risk of losses in financial markets arising from movements in market prices.
Stocks
Financial securities representing partial ownership in a company, allowing investors to claim on the company's assets and earnings.
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees. It's a contract between an individual and an insurance company.
Utility Function
A utility function is a mathematical representation of a consumer's preference ranking for different bundles of goods, indicating the total satisfaction or utility derived from consuming these goods.
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