Examlex
When a teacher gives a high-five to a child for a child's persistence and effort,what has the teacher done?
Investment Opportunity Set
The set of available investment choices available to an investor, considering their risk tolerance and time horizon for investing.
Securities
Financial instruments that represent an ownership position in a publicly-traded corporation, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.
Nonsystematic Risk
Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk, firm-specific risk, or diversifiable risk. Systematic risk refers to risk factors common to the entire economy.
Diversifiable Risk
Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk, firm-specific risk, or nonsystematic risk. Nondiversifiable risk refers to systematic or market risk.
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