Examlex
In a private closed economy, saving is always equal to:
360-Day Year
An accounting convention that uses 360 days in a year for calculating interest on loans and other financial instruments.
Commission
A service charge assessed by a broker or agent for providing assistance in the execution of a transaction.
Accrued Interest
Interest that has been earned but not yet paid.
Semiannually
Occurring twice a year, typically used in the context of payments, interest calculations, or reports.
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