Examlex
What is the definition of the following term:
-Kinaalda:
Real Interest Rate
The interest rate that has been adjusted for inflation, showing the real cost of funds to the borrower and the real yield to the lender.
Social Security
A government program designed to provide financial assistance and support to people with inadequate or no income, primarily the elderly, disabled, and families with dependent children.
Inflation
The quickening in the standard cost evaluation for goods and services, wearing down the strength to purchase.
CPI
Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate inflation.
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