Examlex
The failure of the manufacturer of a product to warn users of the dangerous propensities of a product can be negligence.
Monthly Payments
Regular payments made once per month, often used in the context of loans, leases, or other financial agreements.
Salary Deferral Plan
A type of retirement plan where employees opt to defer a portion of their salary, which is then invested on a pre-tax basis until withdrawal at retirement.
Compounded Semi-Annually
A method of calculating interest where the accrued interest is added to the principal amount twice a year, leading to interest on interest.
Month-End Contributions
Payments or deposits made towards an account or investment, typically recorded at the end of the month.
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