Examlex
Once the more-than-50% business-use test is met for listed property,it does not matter if the business use falls below 50% in subsequent years.
Tobin's Separation Property
A principle in investment theory that suggests the investment decision can be separated from the financing decision, primarily developed by James Tobin.
Risk Aversion
The inclination to avoid taking risks, preferring safety over potential higher returns.
Optimal Risky Portfolio
A portfolio that offers the highest expected return for a given level of risk.
Systematic Variance
The portion of a security's return variance that is attributable to macroeconomic factors and cannot be diversified away.
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