See Also: Separation property(money)
Separation property(finance)
Tight money or dear money(finance)
separation(dictionary)
Separation(medicine)
Separation(money)
separation(dictionary)
anxiety, separation(medicine)
separation anxiety(medicine)
immunomagnetic separation(medicine)

Separation property (money)


Definition: [crh] The property that portfolio choice can be divided into two independent tasks: (1) Determination of the optimal risky Definition: o">portfolio, which is a purely mathematical problem, and (2) the personal choice of the best mix of the optimal risky portfolio and the risk-free asset, which Definition: depends on a person's degree of risk aversion.