Examlex
Give meanings for the following combining forms.
-pector/o: __________
Double-Declining-Balance
An accelerated method of depreciation which doubles the rate at which an asset’s book value depreciates compared to traditional straight-line depreciation, resulting in larger deductions in the early years of an asset’s life.
Market Rate
The prevailing interest rate available in the open market, often influencing or benchmarking loan and savings rates.
Contract Rate
Contract rate refers to the agreed-upon price or interest rate specified within a contract, often related to loans or financial agreements.
Premium
The additional cost above the normal or nominal amount, usually associated with insurance premiums, bond market pricing, or superior products and services.
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