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Is communism dead? If so, could it be resurrected as a political force?
Compound Interest
Interest accumulation on a loan or deposit which is based on the principal amount as well as on all previously gathered interest from past periods.
Annuity
An investment vehicle designed to provide a consistent payment flow to a person, often employed to secure a steady income for individuals in retirement.
Callable Bonds
Bonds that can be redeemed by the issued before their maturity date at a predefined calling price.
Fiscal Year
A 12-month period that a company or government uses for accounting purposes and preparing financial statements, not necessarily matching the calendar year.
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