Examlex
A corporation must be incorporated in each state in which it does business.
Stated Rate
The annual interest rate stated on a bond or loan, without accounting for compounding or other effects.
Rate Of Return
Refers to the gain or loss on an investment over a specified time period, expressed as a percentage of the investment's cost.
Insurance Agent
A professional authorized to sell and service insurance policies, representing either one or multiple insurance companies.
Annuity
A monetary tool that disburses a set sequence of payments to a user, predominantly aimed at serving as a financial resource for retirees.
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