Examlex
The current yield is defined as the annual interest on a bond divided by the:
RRSP
The Registered Retirement Savings Plan (RRSP) is a Canadian investment vehicle for individuals to save for retirement, with contributions being tax-deductible and growth being tax-deferred.
Prison Population
The total number of individuals incarcerated in a prison system at a given time.
Decreasing Rate
A situation where the rate at which a value or quantity is reduced increases over time.
Canada Savings Bond
A secure investment product offered by the Government of Canada that provides a guaranteed interest rate over a fixed period.
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