Examlex
In New York v. Burger, a junkyard owner claimed that a New York statute permitting warrantless searches of junkyards was a violation of the 4th Amendment. The Supreme Court held that the statute was:
Future Value
The value of an asset or amount of money at a specific date in the future that is equivalent in value to a specified sum today.
Rate of Interest
Another term for interest rate, it specifies the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.
Rate of Return
A rise or fall in an investment's value during a specified time, shown as a percentage of the cost of the investment.
Trust
A legal arrangement in which one party holds property or assets for the benefit of another, guided by the terms set in the trust agreement.
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