Your Gateway to Financial Literacy
What is Unlevered Beta? Unlevered beta, also known as asset beta or unlevered risk, refers to a measure of a company’s systematic risk exclusive of the influence of leverage. In simpler terms, it represents the degree of market risk in a company’s equity without taking into account any debt financing.
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Definition of Ultra Vires Acts Ultra vires acts refer to any actions taken by a corporation that extend beyond its granted powers or explicitly violate the corporate charter. These actions are considered “beyond the power” or, in Latin, “ultra vires,” as they go against the legal bounds defined by the
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