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What are some of the potential disadvantages to executive ownership?
Actuary
A professional who assesses and manages the risks of financial investments, insurance policies, and other potentially risky ventures using mathematics, statistics, and financial theory.
Pension Payments
Regular payments made to retirees or their beneficiaries from a pension fund.
Actuarial Assumed Rate
The interest rate that an actuary determines to calculate the present value of future pension benefits or contributions.
Risk Averse
A description of an investor's preference for lower risk investments, often characterized by a willingness to accept lower returns in exchange for reduced risk.
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