Examlex
Max Weber defined a state as "the form of human community that (successfully) lays claim to the monopoly of legitimate physical violence within a particular territory." Analyze how the four components (monopoly, legitimacy, violence, and territory) relate to one another in terms of the state.
Maturity Value
The amount payable to the holder of a financial instrument at its maturity date, including principal and any accrued interest.
365-Day Year
A calendar assumption that treats each year as having 365 days for calculating interests or other daily based computations.
Leap Years
Years in which an extra day is added to the calendar (February 29) to keep the calendar year synchronized with the astronomical year.
Interest Computation
The process of calculating the amount of interest earned or paid over a certain period, considering the principal amount, interest rate, and time.
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