Examlex
The refractory period limits the frequency of action potentials.
Liability
The financial liabilities or obligations that a company legally incurs in the course of conducting its business.
Savings Account
A deposit account held at a financial institution that provides principal security and a modest interest rate.
Semiannual Payments
Payments made twice a year, often used in the context of bond interest payments or certain types of loans.
Compounded Semiannually
Interest calculation method where interest is added to the principal sum of a deposit or loan twice a year, resulting in interest earning interest.
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