Examlex
What does the term "labour wastage" mean?
Nonsystematic Risk
The risk associated with a specific issuer of a security, industry, or sector, which can be mitigated through diversification.
Systematic Risk
The risk inherent to the entire market or entire market segment, which cannot be mitigated through diversification.
Purely Passive Strategy
An investment strategy that involves no active management and typically focuses on investing in index funds to replicate market returns.
Mean-Variance Efficient
A portfolio strategy that aims to minimize risk for a given level of expected return, or equivalently, maximize return for a given level of risk.
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