Examlex
Which rule of probability states that for two non-mutually exclusive events the probability of each event occurring is equal to the sum of their separate probabilities minus the probability of their joint occurrences?
Endowment
An endowment is a financial asset, in the form of money or property, donated to institutions or individuals, typically used for a specific purpose like a scholarship fund.
Per Month
A phrase indicating a recurring event or a calculation basis occurring every month.
Perpetual Preferred Share
A type of preferred stock that has no fixed maturity date, potentially offering dividends indefinitely.
Compounded
The process of generating earnings on an asset's reinvested earnings.
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