Examlex
Amos always felt that it was unfair that society created artificial divisions that discouraged him from having friends from different social structures.Which of the following terms describes the process that Amos is having difficulty with?
Term Deposits
Fixed-term savings accounts that typically offer higher interest rates, where money is locked in for a certain period.
Surplus Funds
Excess money or assets that remain after all expenses have been paid.
Maturing
The process by which a financial instrument reaches its due date and the principal is required to be repaid.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the principal.
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