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Investing Glossary:
Unsystematic risk
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| Also called the diversifiable Risk or residual risk. The risk that is unique to a Company such as a strike, the outcome of unfavorable litigation, or a Natural catastrophe that can be eliminated through diversification. Related: Systematic risk.
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