Examlex
Fiscal policy is the management of aggregate demand through changes in taxes and government spending.
Market Representation
The degree to which a statistical sample or a financial index accurately reflects the broader market or sector it aims to represent.
Portfolio
A collection of investments held by an individual or institution, including stocks, bonds, commodities, and more, to diversify risk.
Active Management
The use of a human element, such as a single manager or a team of managers, to actively manage a fund's portfolio.
Trading Costs
Expenses associated with buying and selling securities, including commissions, spreads, and market impact costs.
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