Examlex
Contingent or non-standard employees are those who work on a flexible basis as needed or contingent to an organization's work demand and have neither an explicit nor implicit contract for continuing employment.
Arbitrage Pricing Theory
A theory that describes how the price of assets or securities is determined through the relationship to several risk factors or theoretical market indices.
Stephen Ross
An influential economist and finance professor known for his work in developing the Arbitrage Pricing Theory and other significant contributions to finance.
Security Market Line
A graphical representation of the expected return of investments as a function of their risk, depicting the relationship between the risk and the expected return of the market.
Fairly Priced
A term indicating that an asset's selling price is considered to be in line with its intrinsic value.
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