Examlex
Explain to a small business owner some advantages and disadvantages of a simplified employee pension plan (SEP).
Repairs
Activities or processes aimed at restoring a damaged, broken, or malfunctioning object to its original or operating condition.
Risk-Averse
Risk-averse describes individuals or entities that prefer to avoid risk and would rather choose a certain outcome over a gamble with potentially higher, but uncertain, rewards.
Expected Value
The anticipated value for an investment or probability-weighted average of all possible values in a probabilistic scenario.
Total Wealth
The complete sum of an individual's or entity's assets and resources, including both tangible and intangible assets, subtracting any debts owed.
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