diworsification n.—Gloss: Diversifying one’s investments too much. «Diworsification refers to the fact that you can diversify too much. For example, if you own one company’s stock you could potentially hit it big, but you could also...
logbook lending n.— «Increasing numbers of borrowers with bad credit records are resorting to taking out loans with exorbitantly high interest against the value of their cars, according to debt counselling charities. The practice, known...
tail risk n.— «“Tail risk,” as it is known to quantitative traders, for where it falls in a bell-shaped probability curve. Tail risk, broadly speaking, is whatever financial cataclysm is believed by markets to have a 1 percent chance or...