Nev. Admin. Code § 361.384 — 361.384

NAC 361.384    “Risk” defined. ( NRS
360.090 , 361.320 )    “Risk” means the degree of
uncertainty regarding the receipt of future income, whether in the form of
interest or of net operating income. The higher the risk, the greater the
annual percentage rate of return demanded by investors. Interest on a
government bond or on a bank deposit has a high degree of certainty of receipt
and therefore offers a low rate of return compared to other investments. At the
other extreme is the high risk equity portion of a commercial enterprise with a
high debt equity ratio.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]