Examlex
Value chain is the collection of logistics specialists and activities that provides inputs to manufacturers or retailers.
Effective Rate
The actual interest rate earned or paid on an investment, loan, or savings account, taking into account the effect of compounding.
Annuitant
The individual who receives the benefits or payments from an annuity plan.
Annuity
A finance-related product that ensures a continual payment stream to a recipient, mainly used in planning for life after work.
Ordinary Annuity
Steady cash flows facilitated at the decline of each era during a certain season.
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