Examlex
Notice of a shareholders' meeting may be waived in writing.
Simple Interest
A method of calculating the interest charge on a loan based on the original principal balance and not on accumulated interest.
T-bill
A short-term government security with maturity periods ranging from a few days to 52 weeks.
Prevailing Yield
The current return rate on an investment, typically referring to bonds or other fixed-income securities.
Simple Interest
Interest calculated only on the principal amount, or the initial sum of money invested or borrowed, without compounding.
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