Examlex
Preliminary hearings and grand jury review differ in several important respects. These differences include:
I. preliminary hearings are secret; grand jury proceedings are public.
II. preliminary hearings are adversary proceedings; grand jury proceedings are not.
III. judges preside at preliminary hearings; prosecutors manage grand jury proceedings.
IV. grand jury proceedings determine probable cause to prosecute a defendant; preliminary hearings do not.
Annuity Payment
A periodic payment received from an annuity investment, typically for retirement income.
Final Payment
the last payment that completes the payoff of a loan or financial obligation.
Compounded Monthly
The method of calculating interest where the earned interest is added to the principal balance each month.
End-of-month Payments
Payments made at the end of each month, often used in billing cycles or loan agreements.
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