Examlex
What type of molecular-level collisions result in products?
Perpetuity
A financial instrument or investment that pays a fixed amount of cash flows indefinitely.
Annuity
An economic offering that guarantees regular payouts to an individual, typically used to supplement the income of those who are retired.
Payments Cease
Refers to the termination or halt of scheduled payments, often in the context of loans or financial instruments.
Pure Discount Loan
A loan where the borrower receives a single lump sum amount upfront and repays the lender a higher amount at the loan's maturity.
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