Examlex
The shunt field power supply is generally designed to remain turned on even when the main (armature) power supply is turned off.
Maturity Value
The total amount payable to the holder of a financial instrument at its maturity date, including principal and any accrued interest.
360-Day Year
An accounting convention that simplifies interest calculation by assuming all months have 30 days.
Maturity Date
The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.
Leap Years
Years that include an extra day (February 29) to keep the calendar year synchronized with the astronomical year.
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