Examlex
Find 3A.
Random Variable
A variable whose values depend on outcomes of a probabilistic phenomenon, often used in statistics and probability theory.
Future Price
The predicted price of a commodity, security, or currency in a futures contract for delivery and payment at a specified future date.
General Motors
A multinational corporation based in the United States that designs, manufactures, markets, and distributes vehicles and vehicle parts.
Moral Hazard
A situation where one party in an agreement can take risks because the other party bears the consequences of those risks.
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