Examlex
A variable declared within a function can be accessed in other functions.
Treasury Bills
Short-term government securities issued with a term typically less than one year, used to raise funds for government expenses.
Bank Loan
A sum of money borrowed from a bank that must be repaid with interest over a predetermined time period.
Prime Rate
The rate at which large corporations, known for their strong credit, are charged by commercial banks for loans.
Discount Rate
The interest rate charged by central banks on loans they provide to commercial banks, influencing monetary policy and the overall money supply.
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