Examlex
A majority of citizens in a democracy can agree to permit certain authorities to make and enforce rules describing what behavior is permitted and encouraged in their community.These rules are what we refer to as ________.
Dollar-Weighted
A method of calculating investment returns that accounts for the timing and amount of cash flows into and out of the investment.
Time-Weighted
A method for calculating investment returns that eliminates the impact of cash flows into and out of the portfolio, focusing on the manager's ability to select securities.
Pension Fund
A pool of assets forming an investment plan that provides retirement income to employees.
Year
A period of time consisting of 365 days, or 366 in a leap year, used as a measure of time for calendars, age, and time intervals.
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