Examlex
A pickup allowance reflects a discount given to a customer when they provide transportation on a shipment that otherwise would involve delivery.
Simple Rate
A simple interest rate is calculated only on the principal amount of a loan or investment, without compounding over time.
Interest Charged
The amount of money charged by a lender to a borrower for the use of borrowed funds, expressed as a percentage of the principal.
Investment Matured
An investment matured refers to when an investment reaches its due date and the principal amount is returned to the investor along with any final interest payments.
Interest Amount
The sum paid or charged for the use of money or for borrowing money.
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