Examlex
Discuss the role of Mikhail Gorbachev in ending the cold war.How might Americans and Russians differ in their view of his historical legacy?
Short Sell
The practice of selling a borrowed security with the intention of buying it back later at a lower price to profit from the price difference.
Arbitrage Pricing Theory
A financial model that estimates the return of an asset by considering multiple risk factors and their respective risk premiums, excluding unsystematic risk through diversification.
Nonsystematic Risk
The risk associated with a specific issuer of a security, also known as idiosyncratic or unsystematic risk, that can be reduced through diversification.
Well-Diversified Portfolio
An investment portfolio that includes a mix of assets (e.g., stocks, bonds, real estate) to reduce risk through diversification.
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