Examlex
Define the digital divide and identify some of the factors related to the divide.
Earthquake Insurance
Insurance coverage specifically designed to protect a property owner against damages resulting from an earthquake.
Risk Aversion
A preference for certainty over uncertainty, with individuals choosing investments that offer a lower potential return with known risks over riskier ones.
Expected Loss
The calculated financial loss anticipated from an investment or action, considering the probability and magnitude of losses.
Expected Return
The weighted average of all possible returns for a financial investment, with each return's weight being its probability of occurrence.
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