adjective
- Measured by an angle or by the rate of change of an angle.
- usage: "angular momentum"
- Having angles or an angular shape.
- synonyms: angulate
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Usually refers to recommendation that leads an investor to reduce their investment in a particular security or asset class. The reduction is usually with respect to a benchmark. Suppose that U. S. Equities compose 40% of the benchmark portfolio. If one thinks the U. S. Will underperform, the investor may reduce the exposure to U. S. Equity to less than 40%.