Examlex
One can summarize leadership trait research by saying, "Leaders are bright, honest, self-confident, high-energy people who know something about the situation they are trying to affect, and take control when they must."
Investor
An individual or organization that allocates capital with the expectation of achieving a financial return.
Promissory Note
An economic tool comprising a formal pledge by one entity to give a specific amount of money to another, either upon request or at a predetermined future time.
Term Deposit
A type of financial account where money is deposited for a fixed period and a predetermined interest rate, offering higher interest rates than savings accounts but with restricted access to funds.
Simple Interest
A technique for computing interest in which the interest expense is calculated solely on the initial amount of the principal.
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