Examlex
Which of the following are not eligible to be considered for the Baldrige Award?
Alpha
A measure of the active return on an investment, gauging how much a portfolio or fund outperforms or underperforms its benchmark index.
Hedge Fund
An investment fund that employs various strategies to produce high returns, including leverage, short-selling, and derivatives, accessible typically to wealthy investors.
Incentive Bonus
A form of additional compensation paid to an employee as a reward for achieving certain goals or exceptional performance.
Gross Return
The total return on an investment before any deductions for fees or expenses.
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