riskless asset

Definition

An asset whose future return is known with certainty. However, even these assets are subject to inflation risk. also called risk-free asset.

Use riskless asset in a sentence

You should always try to find a good riskless asset that you can invest in and sleep soundly with it.

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The riskless asset was added to our portfolio to ensure some level of consistent and expected returns in the near future.

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It was a riskless asset and I was glad about it because that meant we would have more certainty than we would have otherwise.

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