Examlex
A licence is simply the right to use an intellectual asset.
Relative Value Strategy
An investment strategy that seeks to identify price discrepancies between related financial instruments, such as between stocks and bonds or among different securities in the same sector.
S&P 500 Futures Contracts
Financial contracts that speculate on the future value of the S&P 500 index, allowing investors to bet on the direction of the U.S. stock market.
Beta
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher than market volatility.
Risk-Free Rate
The hypothetical return rate on an investment that carries no risk, commonly depicted through the yield of government bonds.
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