Examlex
When does vagueness or ambiguity become problematic?
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.
Simple Interest
Interest calculated only on the principal amount, or the initial amount of money borrowed or invested, without compounding.
GICs
A financial vehicle in Canada, Guaranteed Investment Certificates offer investors a set return rate over a defined period.
Simple Interest
Interest calculated on the principal or original amount of a loan or investment, without compounding.
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