Examlex
Fines are monetary payments imposed on an offender as an intermediate punishment for a criminal act. They are a direct offshoot of:
Unanticipated Inflation
Inflation that occurs when the actual rate exceeds what was expected, potentially eroding purchasing power and investment returns.
Security Market Line
A graphical representation of the Capital Asset Pricing Model, showing the relationship between the expected return of a security and its systemic risk as measured by beta.
APT
APT, or Arbitrage Pricing Theory, is a financial model that estimates the returns on an asset based on its risk in relation to multiple risk factors.
Well-Diversified Portfolio
A collection of investments that spread out risk by incorporating a wide variety of assets, thereby minimizing the impact of any single asset's performance on the overall portfolio.
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