Examlex
Pierre Fauchard is referred to as the "father of modern dentistry." He was the first person to develop a systematic method for dental practice that included the cleaning of teeth.
Unique Risk
Risk that affects a very limited number of assets, often referred to as "unsystematic risk" or "idiosyncratic risk."
Diversifiable Risk
The portion of an investment's risk that can be mitigated or eliminated through portfolio diversification.
Correlation Coefficient
A statistical measure that calculates the strength and direction of a linear relationship between two variables.
Covariance
A measure of how two variables move in relation to each other, used in finance to diversify portfolios and minimize risk.
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