Examlex
This type of feature has all but disappeared in the era of media conglomeration.
Principal
The original sum of money borrowed in a loan or put into an investment, excluding interest.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically used for financing inventory and accounts receivable.
Annual Simple Rate
The percentage rate of return calculated on an annual basis, using simple interest without compounding.
Yield
Definition: The income return on an investment, such as the interest or dividends received from holding a particular security.
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