Examlex
A desktop computer with a modem is called a ________ device because it prepares data to be transmitted.
COGS
Stands for Cost of Goods Sold; it's the direct cost attributable to the production of the goods sold by a company, including both raw materials and labor costs.
Compensating Balance
A minimum bank account balance a borrower must maintain as part of a loan agreement.
Effective Annual Interest Rate
The real return on a savings account or any interest-bearing investment, taking into account the effect of compounding interest.
Interest Rate
The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
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