Examlex
The ____ legally binds the borrower and lender to all items and conditions of an installment contract.
Incentive Bonus
A form of additional compensation paid to an employee as a reward for achieving certain goals or exceptional performance.
Gross Return
The total return on an investment before any deductions for fees or expenses.
Expense Ratio
A measure of what it costs an investment company to operate a mutual fund, expressed as a percentage of the fund's average assets per annum.
Total Expense Ratio
It quantifies the total cost of fund management and operating expenses, expressed as a percentage of the fund’s total assets.
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