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Eli Lilly
An American pharmaceutical company known for developing a wide range of medications, including treatments for diabetes, cancer, and psychiatric disorders.
Endowments
Funds donated to institutions with the stipulation that the principal remains intact and only the investment income is spent.
After-Tax Rate
The rate of return on an investment after accounting for taxes, more reflective of the net gain to the investor.
Safety Of Principal
The assurance that an investment will be repaid or retained, primarily concerning the preservation of invested capital.
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