Examlex
All of these are inclusive dimensions of diversity EXCEPT:
Variable Life
A form of permanent life insurance where the cash value and death benefit can vary based on the performance of investments chosen by the policyholder.
Cash Value
The amount available in cash upon the cancellation of an insurance policy before it becomes payable upon death or maturity.
Passive Core
An investment strategy focusing on long-term, low-cost investments such as index funds, forming the "core" of a portfolio around which more active investments might rotate.
Portfolio Management
The art and science of making decisions regarding investment mix and policy, matching investments to objectives, and balancing risk against performance.
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