Steve Harvey has another new show and you can be a part of it! âFunderdomeâ has been described as a game show with a twist, according to a press release from ABC, two new entrepreneurs with big dreams and ideas must win over a live studio audience in order to receive anywhere from $10,000 toâ¦ Read more Â».
DEFINITION of 'Absolute Return'. The return that an asset achieves over a certain period of time. This measure looks at the appreciation or depreciation (expressed as a percentage) that an asset-usually a stock or a mutual fund-achieves over a given period of time.
Absolute Value. Introduction. The absolute value of a number is its value, or magnitude, without respect to sign. It's the amount you are working with expressed as a positive number, ignoring any negative sign. Or, it's the number's distance from 0 on a number line. For example, the number 9 is 9 units away from 0. Therefore its absolute value is 9. The number -9 is the same distance from zero, so its absolute value is also just 9. In both cases the magnitude, or absolute value, of your number is just plain old 9 because you've removed any negative sign that might have existed.