Examlex
What was the military turning point in the Second World War, the point after which the Allies steadily advanced and the Axis could no longer hope to win?
Sinking Fund
A reserve fund established by setting aside revenue over a period of time to fund a future capital expense or repay a long-term debt.
Year-end Amounts
Refers to the final recorded figures of financial accounts at the end of the fiscal year, important for financial reporting and analysis.
Compounded Annually
Interest calculation method where the interest is added to the principal sum at the end of each year, so that the balance also earns interest in the following year.
Yearly Contributions
Refers to the payments or investments made annually into a plan or fund, often for retirement or savings purposes.
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