Examlex
The agile approach is a software development approach based on values, principles, and core practices.
Effective Interest Rate
The true interest rate when compounding interest is taken into account, differing from nominal rate.
Contract Interest Rate
The rate of interest stipulated within a financial contract, often determining the amount of interest a borrower must pay on a loan.
Face Value
The nominal value or dollar value printed on a security, such as a bond or stock certificate, representing its value at issuance.
Market Rate
The prevailing interest rate available in the marketplace on a particular debt instrument or the current price of goods, services, or securities.
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