Alternate Definition
In finance, expected return can also mean the return of a bond if the bond pays out. This will always be higher than the expected return in the other sense presented in this article because the bond paying out is the highest payout scenario, and failure is always possible.
Read more about this topic: Expected Return
Famous quotes containing the words alternate and/or definition:
“Germany is a queer country: one can’t regard it dispassionately. I alternate between hating it thoroughly, stick, stock and stone, and yearning over it fit to break my heart. I can’t help feeling it a young and adorable country—adolescent—with the faults of adolescence.”
—D.H. (David Herbert)
“Beauty, like all other qualities presented to human experience, is relative; and the definition of it becomes unmeaning and useless in proportion to its abstractness. To define beauty not in the most abstract, but in the most concrete terms possible, not to find a universal formula for it, but the formula which expresses most adequately this or that special manifestation of it, is the aim of the true student of aesthetics.”
—Walter Pater (1839–1894)