Examlex
Which nationally based classification system develops reliable information about crime reported to law enforcement that can be used by law enforcement as well as by criminologists, sociologists, legislators, municipal planners, and the media for a variety of research and planning purposes?
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.
Convertible
A term often used in finance to describe securities, like bonds or preferred stocks, that can be converted into a predetermined number of another type, usually common stock, at the holder's option.
Callable
Callable refers to a provision in certain bonds or securities whereby the issuer has the right to redeem the instrument before its maturity date.
Sinking Fund
A reserve fund established by an issuer of a bond to repay the principal amount of the bond at maturity, often through periodic payments.
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