Examlex
What are the elements of a SMART objective or goal? What are the benefits of using SMART objectives or goals?
Equivalent Interest
A term used in finance to describe an interest rate that may have been adjusted to reflect compounding over a different period than the one originally stated.
Equivalent Interest
An interest rate or yield that makes two financial instruments with different payment structures equally valuable.
Nearest 0.01%
A method of rounding numbers to the closest hundredth of a percent.
Coffee Fund
Informally refers to a pool of money collected for buying coffee or sometimes used as a casual fund for small group expenses.
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