UNLEVERED BETA Definition

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UNLEVERED BETA is the beta reflecting a capital structure without debt.

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SEGREGATION OF DUTIES means assigning different people the responsibilities of authorizing transactions, recording transactions, and maintaining custody of assets. Segregation of duties reduces the opportunities for one person to both perpetrate and conceal errors or fraud.

VAR is an acronym for Value-Added Reseller (usually of technology products) or, in finance, Value at Risk.

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