Examlex
A shortage is the same as an excess demand.
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.
Compounded semi-annually
The process of adding interest to the principal sum of a loan or deposit, or "compounding," twice each year.
Deferral period
The time span during which payments or obligations are postponed or delayed.
Registered Retirement Savings Plan
A type of Canadian account for holding savings and investment assets, aimed at facilitating retirement savings.
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