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Please Define the Following Key Terms

question 58

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Vasco da Gama


Definitions:

Term

Refers to a specific period of time or to conditions stipulated for a particular agreement or contract.

Interest Rate

The price, shown in the form of a percentage of the principal, charged by lenders to borrowers for asset employment.

Diversify

The attempt to spread investment risk by selecting a variety of investment options within a portfolio.

Adage

A short, pointed and memorable saying that expresses a truth or insight.

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