Examlex
The math function ceil(x)returns the smallest integer that is greater than or equal to x.
Geometric Average
A method of calculating the average rate of return of a set of values by multiplying them together and taking the nth root, where n is the number of values.
Efficient Capital Market
A market in which securities' prices fully reflect all available information, making it impossible to consistently achieve higher returns without taking additional risks.
Income Component
Income Component pertains to the portion of a financial product's return that is generated from the payment of interest or dividends.
Capital Gain
The profit earned from the sale of an asset like stocks, bonds, or real estate, which exceeds its purchase price.
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