Examlex
A prisoner testified that he escaped from prison, not because he wanted freedom, but rather to escape physical abuse. If true, should this situation justify the escape? What ramifications of such a defense can you identify?
Less Than Optimal
A situation or outcome that does not achieve the best possible or most desired performance level.
Disposition Effect
A phenomenon in behavioral finance where investors are more likely to sell assets that have increased in value, rather than those that have decreased.
Stock Broker
A professional intermediary who buys and sells shares on behalf of clients in exchange for a commission.
Capital Loss
A decrease in the value of an investment or asset compared to its purchase price, realized when the asset is sold.
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