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The function of laws is to enforce norms within a society.
Rate of Return
A measure of the gain or loss on an investment over a specified time period, expressed as a percentage of the investment's cost.
Holding Period
The duration of time an investment is held before being sold, which can affect the rate of return and tax implications.
Base Monthly Salary
The initial rate of compensation provided to an employee, excluding additional earnings such as bonuses, overtime, or commissions.
Commission
A fee paid for provided services, typically a percentage of the transaction value, common in sales and trading environments.
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