Specific Return

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Specific Return

The part of the excess return not explained by common factors. The specific return is independent of (uncorrelated with) the common factors and the specific returns to other assets. It is also called the idiosyncratic return.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Specific Return

The return on an asset or investment over and above the expected return that cannot be explained by common factors. That is, the specific return is the return coming from the asset or investment's own merits, rather than the merits common to other, similar assets or investments. It is also called the idiosyncratic return.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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Primarily undergraduate institutions also offer the ability to focus on fundamental research at a time when grants and funding are offered with the expectation of specific returns on investment.
The next step in outlining specific returns is to categorize the most common sit-uations a player encounters during a rally, and then to select the most appropriate return.
The aim of the Barclays Manager Access Indices is to use that format to provide investors with liquid access to hedge fund strategy specific returns in a more straightforward and diversified manner.'
"So our estimates of specific returns are pretty rough right now," said Witteveen in September.
The sources said that the contract had guaranteed specific returns and that the program had done poorly.
The tax practitioner should consider what his or her professional responsibilities are in the matter of the state tax compliance and--where appropriate--limit the scope of tax preparation services in the engagement letter to only those specific returns that the practitioner has been engaged by the client/taxpayer to prepare.
These human capital measures are interacted with industry and year to obtain estimates of industry-year specific returns to schooling and tenure, allowing us to assess the relationship between the capital intensity of production and the ICT intensity of capital on the one hand and the returns to schooling and tenure on the other, discussed in the next section.
Would that suggest we might, in fact, be willing to invest ( thus challenging politicians to promote effective public spending based on specific returns?
As hard as it is to believe, Sugai says that Meadow Gold does not expect any specific returns on its investment.
Another difficult issue is that with airport fire and rescue services not seen as offering specific returns on investment, there is a tendency to cut budgets, or at least not develop an airport's fire fighting capability in parallel with the growth in passenger numbers and aircraft movements.
Let [Alpha] represent general returns to training and [Delta] represent specific returns to training.