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Dictionary

ad•ver•si•ty

Pronunciation: (ad-vûr'si-tē), [key]
—n.,
—pl. -ties for 2.
1. adverse fortune or fate; a condition marked by misfortune, calamity, or distress: A friend will show his or her true colors in times of adversity.
2. an adverse or unfortunate event or circumstance: You will meet many adversities in life.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

adverse selection

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