Examlex
Why is the power of incumbency considered the most important factor in congressional elections?
Account Earning
The income generated from an investment or the revenue accrued from a bank account over a specific period.
Discount Rate
The interest rate used to discount future cash flows of a financial instrument to present value.
Savings Bond
Government-issued bonds that are designed for individual investors and offer a fixed interest rate over a fixed period of time.
Matures
Refers to the point in time when a financial instrument, like a bond or loan, reaches its due date and the principal amount must be repaid.
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