TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

RISK-FREE RATE [1 record]

Record 1 2006-06-06

English

Subject field(s)
  • Financial and Budgetary Management
  • Stock Exchange
DEF

The theoretical rate of return attributed to an investment with zero risk.

CONT

The risk-free rate does not technically exist, since even the safest investments carry a very small amount of risk. Thus, investors commonly use the interest rate on a three-month U.S. Treasury bill as a proxy for the risk-free rate, since short-term government-issued securities have virtually zero risk of default.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Bourse
DEF

Taux d'intérêt ou de rendement que l'on peut retirer d'un investissement ne comportant qu'un risque négligeable que le rendement effectif diffère sensiblement du rendement attendu.

CONT

Ainsi,le taux de rendement des bons du Trésor est souvent considéré comme un taux hors risque étant donné qu'il s'agit de titres d'emprunt émis par l'État dont le terme est suffisamment court pour minimiser les risques d'inflation et de fluctuation des taux d'intérêt du marché.

Spanish

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