Examlex
The unsaturated zone of soil or rock above the water table is called the zone of ______________.
Credit Union
A financial institution that is owned and operated by its members, focusing on providing credit at competitive rates as well as other financial services.
Maturity Value
For an interest-bearing note, it is the sum of the face value (principal) and the interest dollars: MV = P + I.
360-Day Year
An accounting assumption that simplifies interest calculations by using a year composed of twelve 30-day months.
Leap Years
Years that contain 366 days instead of the usual 365, with an extra day added to February, occurring every four years to maintain the calendar year's alignment with the Earth's revolutions around the Sun.
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