Examlex
In this reading we encounter St. Anselm's ontological argument for the existence of God and Gaunilo's reply. The argument goes like this: God is by definition "a being than which nothing greater can be conceived." If God, the greatest being that can be conceived, exists only in our minds, then there must be a being greater than God-that is, a God that exists in reality (an existing being is greater than an imaginary one). But this leads to a contradiction: A being greater than God is impossible. Therefore, God must exist in reality (as well as in the mind). Gaunilo replies that if Anselm's reasoning were sound, we could prove something ridiculous-namely, that the greatest island possible exists in reality.
-According to Rowe, if we grant to Anselm the premise that God is a possible being, the argument begs the question.
Periodic Interest Rate
The interest rate charged or earned over a particular period of time, often expressed as a percentage.
Annual Percentage
Often referred to in context of the annual percentage rate (APR), it represents the annual rate charged for borrowing or earned through an investment.
Return Requirement
The minimum rate of return an investor expects to achieve on an investment, influencing the types of assets included in their portfolio.
Cash Flows
The aggregate money movement into and out of an enterprise, significantly impacting its cash on hand.
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