Examlex
Which of the following terms is defined as the areal extent of something; used in both absolute and relative forms?
Annualized (Geometric)
Refers to a method of converting short-term rates of return into longer-term rates that account for the effect of compounding over a full year.
Rates of Return
The net gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.
EAR
Effective Annual Rate, a measure of interest that takes into account the compounding of interest over time.
Borrower
An individual, company, or entity that receives funds from another party with the agreement to repay the principal amount along with any agreed-upon interest.
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