Examlex
Where does marijuana stand in popularity of use in the United States with cocaine,heroin,and ecstasy?
Prudent Investor Rule
The prudent investor rule is a legal guideline advising trustees to manage others' funds by diversifying investments and taking a reasonable level of risk, as a prudent investor would.
Risky Investments
Investments that carry a high degree of risk of losing the principal amount invested, often associated with higher potential returns.
Liquidity Constraint
A situation where an individual or firm is unable to convert assets into cash quickly without significant losses.
Universal Life
A type of flexible permanent life insurance that offers the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.
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