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Most Information in Long-Term Memory Is Coded in Terms of the Intensity

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Most information in long-term memory is coded in terms of the intensity of the stimuli.


Definitions:

Compensating Balance

A minimum account balance that a borrower must maintain in a bank as a condition for obtaining a loan, often used to offset a portion of the bank's lending costs.

Interest Rate

The percentage of an amount of money charged by a lender to a borrower for the use of assets.

Effective Interest Rate

A measure of the real cost of borrowing that takes into account the effect of compounding interest in addition to the nominal rate.

Compensating Balance

Compensating Balance is a minimum bank account balance that a borrower must maintain as part of a loan agreement, often used by banks as a requirement for extending a loan.

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