Examlex
An agency may not maintain a record of how a person exercises his or her rightsunder the First Amendment of the Constitution unless authorized to do so by statute orsuch information is within the scope of a law enforcement activity.
Beta
A parameter that measures the degree of variability or systematic risk of a security or a portfolio in relation to the market at large.
S&P 500 Futures
Financial contracts speculating on the future value of the S&P 500 Index.
Risk-Free Rate
The estimated yield from an investment that carries no risk, often illustrated by government bond yields.
High Water Mark
The previous value of a portfolio that must be reattained before a hedge fund can charge incentive fees.
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