Examlex
The substantial reduction in South Africa's birth rate can be most likely attributed to increased economic and educational improvements.
Legal Title
The formal ownership of property, which includes the rights to use, manage, and dispose of the property.
Personal Trust
A legal arrangement where assets are managed by a trustee for the benefit of another party, based on trust and confidence.
Defined Benefit
A type of retirement plan that promises a specified monthly benefit at retirement, which can be determined by factors such as salary history and duration of employment.
Pension Plan
A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit. The pool of funds is invested on the worker's behalf, and the earnings on the investments generate income to the worker upon retirement.
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