Explain the Concept of Portfolio Insurance

question 11

Essay

Explain the concept of portfolio insurance.

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Definitions:

Modifiers

Keywords in programming languages that adjust the properties of data structures, methods, and variables, such as access levels and behavior.

Override

A feature in object-oriented programming that allows a subclass or child class to provide a specific implementation of a method that is already provided by one of its superclasses or parent classes.

Default Definition

The initial or fallback definition provided by a programming language or system when no specific customization is provided.

ToString

The ToString method is a function in many programming languages used to convert an object into its string representation.