Risk-averse

Definition:

Describes an investor who, when faced with two investments with the same expected return but different risks, prefers the one with the lower risk.

Investing Essentials


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

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Kickback

In the context of finance, refers to compensation of dealers by sales finance companies for discounting installment purchase paper. In the context of contracts, refers to secret payments made to... Read More

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