Examlex
What guidelines must the World Bank follow in making loans? Discuss at least three of these guidelines and explain whether you believe these guidelines are appropriate.
GIC
A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period of time.
Compounded Monthly
A finance term where interest is calculated and added to the principal balance each month, increasing the amount of future interest earned.
Periodic Payment
Payments made or received regularly over a specific period, often monthly or annually.
GIC
In Canada, a Guaranteed Investment Certificate is a type of investment that guarantees a fixed return rate over a certain period.
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