Examlex
One disadvantage of peer review is the belief that they contain more biases and provide less valid information than appraisals by superiors.
Liquidity Spreads
The difference in yield or cost between liquid (easily convertible to cash) assets and illiquid assets, often indicative of the liquidity premium required by investors.
Security A
A generic term used to represent a particular stock or financial instrument in theoretical examples.
Beta
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher volatility, and less than 1 indicates lower volatility.
Price Takers
Market participants who accept the prevailing prices in the market for their products or services because they have no power to influence those prices.
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