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In 1994, the World Bank Came Up with Its "Operational

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In 1994, the World Bank came up with its "Operational Policy 4.20," which concerns


Definitions:

Corporate Bond

A debt security issued by a corporation to raise funding, which promises to pay back with interest.

Annuities

Financial products that provide a stream of payments over time to the holder, often used for retirement purposes.

Retirement Years

The period of life after one ceases working full time based on achieving a certain age or financial status.

Annual Return

The percentage change in an investment's value over a one-year period, including any dividends or interest, reflecting the compound annual growth rate.

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