Generally, a high-risk transaction; often with the connotation that one party to the transaction is unaware of the inherent risk of the operation. – Specifically, an exposure to the financial market with high leverage (a highly leveraged operation). – See investment courage, investment risk, bond, bull-bear related, risk taker.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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