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Term of the Day
riskless principal
riskless asset
riskless rate of return
Definition
A
trade
that is
dependent
on one of the
parties
in the
transaction
to
complete
a transaction with another
party
in
order
to
eliminate
the
risk
that is normally involved with the
trade
both
party
are about to
undertake
.
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Nearby Terms
risk-free asset
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