Examlex
Compounding means that interest is charged or paid on the balance currently outstanding, rather than on
the amount invested at the beginning of the year.
Key Technological Elements
The fundamental components or aspects of technology that drive the development and innovation within a specific field or industry.
Customization
The process of modifying a product or service to meet the specific needs or preferences of an individual customer.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale.
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