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Relativism Is One of the Principles of Kantian Ethics That

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Relativism is one of the principles of Kantian ethics that states that the actor must abide by the rule he or she uses to judge the morality of someone else's conduct.


Definitions:

Discount Rate

An interest rate charged to commercial banks and other depository institutions for loans received from a country's central bank's discount window.

Multiple Discounts

A series of discounts applied one after the other on the remaining amount after the previous discount has been deducted.

Discount Period

The time period within which a payment on an invoice qualifies for a prompt payment discount.

Outstanding Balance

The outstanding balance is the total amount still owed on a loan or credit line, including any interest or fees that have accrued.

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