Pinyin: xìng English Definition: fortunate; lucky; trusted; intimate; (of the emperor) to visit; variant of 幸 Chinese Definition: ①意外地得到成功或免去灾害:幸运。侥幸。幸存。幸免。幸未成灾。 ②福气:幸福。荣幸。 ③高兴:庆幸。欣幸。幸甚。 ④希望:幸勿推却。幸来告语之。 ⑤宠爱:宠幸。得幸。 ⑥指封建帝王到达某地:巡幸。 ⑦姓氏。
This reflects that any estimate of fair value is just that: an estimate, not a precise figure, so the margin of safety provides a much-needed cushion against errors and misfortunes.