Examlex
Select the word or phrase that best matches the definition or example.
-A phonetic alphabet developed in Korea in the fifteenth century.
360-Day Year
A financial calculation convention using a simplified year of 360 days to facilitate easier interest calculations.
Exact Interest
A method of calculating interest based on a 365-day year or actual number of days in a loan or investment period, providing a precise interest calculation.
365-Day Year
A conventional method of calculating interest based on a 365-day year, often used in financial calculations.
Estimate Interest
An approximation of the interest amount over a certain period based on a given rate.
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