Examlex
The conventional phone system uses digital signals.
Compounded Quarterly
An approach to interest calculation that involves adding the interest to the principal sum every three months.
Compounded Semi-annually
The process of calculating and adding interest to the principal sum of a loan or deposit twice a year, which increases the amount of future interest earned.
Compounded Semi-annually
Interest calculated twice a year, factoring in previously accrued interest for each calculation.
Strip Bond
An investment instrument entitling its owner to receive only the face value of a bond at maturity.
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