Meaning of risk aversion | Babel Free
Definitions
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Used other than figuratively or idiomatically: see risk, aversion. uncountable
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Tendency of a decision-maker to prefer a certain payoff to one of greater expected value but more uncertainty. uncountable
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.