Examlex
A hungry rat is exposed to a red light, followed by brief access to food.After several such trials, the rat approaches the light bulb when it is illuminated.In this example, the light is
Compounded Quarterly
Refers specifically to the computation of interest at four intervals in a year, on the initial investment alongside the interest from preceding periods.
Repaid
The act of paying back money previously borrowed from a lender.
Original Loan
The initial amount of money borrowed in a loan agreement before any repayments or interest payments are made.
Guaranteed Investment Certificate
A Guaranteed Investment Certificate (GIC) is a Canadian investment that offers a guaranteed rate of return over a fixed period, often with fixed interest rates.
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