Examlex
Though desalination is a theoretically attractive method for obtaining fresh water from seawater, no large commercial facilities for desalination exist.
Quarterly Deposits
Deposits made into an account or investment vehicle at regular intervals every three months within a year.
Bank Account
A financial account maintained by a bank or other financial institution in which the financial transactions between the customer and the bank are recorded.
Compounded Annually
Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on an annual basis.
Pay Today
An immediate payment requirement, often referring to the upfront cost or investment needed in a transaction or financial deal.
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