Examlex
A person always has an insurable interest in his or her own life and the life of his or her spouse or fiancee, but not in parents or children.
Large Profits
Substantial earnings exceeding the costs of production and operation of a business.
Innovation
The process of creating new ideas, products, or methods, which can significantly change market dynamics or societal practices.
Annual Interest Rate
The percentage of the principal amount of a loan that is charged as interest to the borrower for one year.
Interest
The cost of borrowing money, typically expressed as an annual percentage of the loan amount.
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