Examlex
In questionnaires certain words are avoided because they are extreme absolutes, meaning that they place respondents in a situation where they must either agree fully or completely disagree with the extreme position in the question.
Variable N
A symbol or placeholder for an unknown or changing quantity in mathematics and science.
Certificate Of Deposit (CD)
A certificate that states there is a specific sum of money on deposit and guarantees the payment of a fixed interest rate after a certain period of time, usually seven days to ten years; deposits and withdrawals cannot be made with a CD.
Money Market Account
An account that pays a higher interest rate than other types of accounts, but usually requires a higher initial deposit and a higher minimum balance often with a limit on the number of transactions per month.
Statement Savings Account
A statement savings account is a type of savings account that provides the account holder with periodic statements, detailing transactions and balances.
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