Entertainment / Literature / Vers: Not to be confused with verse, below, a vers is a song in Old Provencal almost indistinguishable from the chanson, but vers is the older term.
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Business / Finance / Principle Of Diversification: That portfolios of different sorts of assets differently correlated with one another will have negligible unsystematic risk. In other words, unsystematic risks disappear in diversified portfolios, and MORE
Business / Finance / Markowitz Diversification: A strategy that seeks to combine in a portfolio assets with returns that are less than perfectly positively correlated, in an effort to lower portfolio risk (variance) without sacrificing return. Rela MORE
Business / Finance / Magic Of Diversification: The effective reduction of risk (variance) of a portfolio, achieved without reduction to expected returns through the combination of assets with low or negative correlations (covariances). Related: Ma MORE
Business / Finance / Market Conversion Price: Also called conversion parity price, the price that an investor effectively pays for common stock by purchasing a convertible security and then exercising the conversion option. This price is equal to MORE
Business / Taxes / Electronic Check Conversion: Electronic check conversion is a payment process in which you give a payee a check, but the actual payment is processed as an electronic funds transfer. The payment is automatically debited from your MORE
Business / Taxes / Universal Life Insurance: Universal life insurance is a type of permanent insurance that offers flexible premiums and a flexible death benefit. Your tax-deferred cash value account accumulates at least the guaranteed rate of i MORE