Real estate investment trusts
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A real estate investment trust or REIT is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. In return, REITs are required to distribute 90% of their income, which may be taxable, … Read More

Risk premium
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A risk premium is the minimum difference between the expected value of an uncertain bet that a person is willing to take and the certain value that he is indifferent to. Example Suppose a game show participant may choose one … Read More

Poker jargon – E
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equity One’s mathematical expected value from the current deal, calculated by multiplying the amount of money in the pot by one’s probability of winning. For example, if the pot currently contains $100, and you estimate that you have a one … Read More