Examlex
What event occurred in the Byzantine Empire in the late fifteenth century that limited Europe's access to spices from the East?
Successive Years
Successive years that occur back-to-back without any breaks.
Compounded Quarterly
A method of calculating interest where it is added to the principal four times a year, after every three months, leading to faster growth of the investment.
Prepayment
Payment made for goods or services before they are received or required.
Discounting
The process of determining the present value of a payment or a series of payments that will be made in the future.
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