Examlex
Risk-averse investors require higher rates of return on investments whose returns are highly uncertain, and most investors are risk averse.
Ethnic Enclaves
Geographical areas or neighborhoods predominantly inhabited by people with similar ethnic backgrounds, often preserving their cultural heritage and social practices.
Fisher v. University of Texas
A significant court case related to affirmative action in higher education admissions in the United States, focusing on the University of Texas at Austin's use of race as a factor in its admissions process.
Affirmative Action
A policy or a set of measures aimed at increasing opportunities for historically underrepresented groups in areas such as education and employment.
Admissions Process
The procedure through which institutions, particularly educational, evaluate and decide on the acceptance of applicants based on certain criteria.
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