Examlex
Experience rating of workers' compensation insurance rewards employers with good safety records.
Risky Asset
An asset that carries a significant possibility of losing some or all of its investment value.
Risk-free Asset
An investment that is expected to deliver guaranteed returns, with minimal to no risk of financial loss.
Arithmetic Average
The simple mean calculated by dividing the sum of a set of numbers by the quantity of numbers in the set.
Geometric Average
A method of calculating the average rate of return that accounts for compounding, often used for investment portfolios.
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