Examlex
________ refers to the bouncing motion sands will display when transported by moving water or wind.
Annuitant
The individual entitled to receive payments from an annuity contract, usually during retirement.
Annually Compounded
A compound interest calculation where the interest is added to the principal at the end of each year.
Nominal Rate
The stated interest rate of a bond or loan, without accounting for compounding or inflation.
Mortgage Loan
A loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty.
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