Examlex
What is the difference between an innuendo and a logical implication? (In logic, P is said to imply Q when it is not possible that P is true and Q is false.)
Active Portfolio
An investment strategy where the portfolio manager makes specific investments with the goal of outperforming an investment benchmark index.
Nonsystematic Variance
The portion of a security's variance that is unique to the specific security and can be mitigated through diversification.
Market Index
An aggregate value produced by combining several stocks or other investment vehicles together and expressing their total values against a base value from a specific date.
Active Portfolio
An active portfolio refers to a collection of investments that are managed and regularly adjusted by portfolio managers in an attempt to outperform the market.
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