Examlex
When trying to gauge a nation's competitiveness a manager may want to consult one of two primary world competitiveness rankings,the World Competitiveness Yearbook published by IMD and The Global Competitiveness Report prepared by the World Economic Forum.
Compounded Semi-Annually
Interest calculation method where interest is added to the principal balance of an investment or loan twice a year, leading to interest on interest.
Amortized
The process of gradually paying off a debt over a period of time through regular payments.
Mortgage Loan
A loan secured by real property through the use of a mortgage note.
Loan Up-To-Date
A loan status indicating that all payments are current and no installment is overdue.
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