Examlex
Choose the one alternative that best completes the statement or answers the question.
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Non-interest-bearing
A financial term describing a debt or loan that does not accrue interest over time.
Simple Interest
A method of calculating the interest charge on a loan based on the original principal balance and not on accumulated interest.
T-bill
A short-term government security with maturity periods ranging from a few days to 52 weeks.
Prevailing Yield
The current return rate on an investment, typically referring to bonds or other fixed-income securities.
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