Examlex
Most ethical issues related to budgetary decisions are clear cut because at no point should pressure for performance influence budgetary decisions.
Last Year
The term referring to the year immediately preceding the current one.
Mean-Variance Efficient
Mean-Variance Efficient describes an investment portfolio which maximizes returns for a given amount of risk or minimizes risk for a given level of expected return.
Single-Index Structure
A model in finance that relates the return of an asset to a single market index, representing the asset's sensitivity to movements in the market.
Covariances
A measure of how two variables move together, indicating the degree to which they are related.
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