Examlex
Which security method is defined in RFP 2630?
Surplus Funds
Excess money or assets that remain after all expenses have been paid.
Maturing
The process by which a financial instrument reaches its due date and the principal is required to be repaid.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the principal.
Economic Equivalent
A financial concept that refers to the equivalence in value between different sums of money received or paid at different times, based on a specified interest rate.
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