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.
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Famous quotes containing the words alternate and/or definition:
“Strange, that some of us, with quick alternate vision, see beyond our infatuations, and even while we rave on the heights, behold the wide plain where our persistent self pauses and awaits us.”
—George Eliot [Mary Ann (or Marian)
“The man who knows governments most completely is he who troubles himself least about a definition which shall give their essence. Enjoying an intimate acquaintance with all their particularities in turn, he would naturally regard an abstract conception in which these were unified as a thing more misleading than enlightening.”
—William James (1842–1910)