Examlex
In order for water at 60°F to boil, it must absorb both sensible and latent heat.
Standard Deviation
A statistical measurement that depicts the variability or spread of a set of data points or investment returns around their mean.
Diversification
An investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, and other categories.
Portfolios
A collection of different types of investments (such as stocks, bonds, commodities, etc.) that an individual or institution holds.
Unsystematic Risk
The risk associated with a specific company or industry, which can be mitigated through diversification.
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