Examlex
There are two main types of construction
Lump Sum Payment
A single payment made for the entirety of an owed amount, instead of breaking it into multiple payments.
Economic Difference
The disparity in economic conditions, wealth, or resources between different groups or regions.
Compounded Monthly
The process where interest earned is added to the principal sum each month, which then earns further interest.
Inheritance
Assets or property received from someone who has passed away, often as dictated by a will or the laws of intestacy.
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