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Recession
A temporary phase of economic downturn characterized by decreased trade and industrial activity, typically recognized by a decline in the Gross Domestic Product (GDP) for two consecutive quarters.
Expected Rate of Return
The anticipated percentage increase in value that an investment is predicted to generate over a specific time.
Expected Return
The average of all possible returns for an investment, weighted by the likelihood of each outcome.
Portfolio
A portfolio consists of various financial assets such as shares, bonds, commodities, liquid cash, and equivalents like mutual funds and exchange-traded funds (ETFs).
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