Examlex
A unitary business is treated as a single entity for state tax purposes, with a combined apportionment formula including data from all of the operations of the business.
Portfolio Value
The total worth of all investments in a portfolio, calculated by summing the current values of all assets held.
Arbitrage Proofs
Strategies or proofs demonstrating the ability to generate risk-free profits by exploiting price differences across markets.
Futures Market
A marketplace where individuals have the opportunity to trade standardized contracts for futures, which are agreements to purchase predetermined amounts of a commodity or financial instrument at an agreed-upon price, with the delivery scheduled for a future date.
CAPM
Capital Asset Pricing Model, a theory used to determine the expected return on investment by correlating the risk of an asset to its expected return.
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