Random variable


A function that assigns a real number to each and every possible outcome of a random experiment.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax straddle

Technique used in futures and options trading to create tax benefits. For example, an investor with a capital gain takes a position creating an artificial offsetting loss in the current tax year and... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio