Examlex
What are some of the major differences between open and closed primary systems? How might a state's primary
system affect partisan politics as well as political participation in a state?
Simple Interest
Interest computed solely on the initial sum, or on the unpaid balance of that initial sum.
Yield
The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment cost.
Promissory Note
A financial document in which one party promises to pay another party a specified sum of money at a defined time or upon demand.
Promissory Note
A legal financial obligation that includes a commitment by one party to remit a precise sum of money to another entity, triggered either upon request or on a certain future day.
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