Examlex
In a criminal case, the state must prove its case beyond a reasonable doubt.
Conditional Sale
A sales agreement that includes conditions that must be met before the sale is final and the property is transferred to the buyer.
Ordinary Annuity
A series of equal payments made at regular intervals over a specified period of time.
Nominal Interest
The interest rate stated on a loan or investment agreement before the adjustment for inflation.
Effective Rate
The effective rate is the actual interest rate on an investment or loan, taking into account the compounding of interest, as opposed to the nominal or stated rate.
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