Examlex
Briefly describe system,information system,and management information system.
Term Deposit
A fixed-term investment held at a financial institution that pays interest at a specified rate and matures on a predetermined date.
Matures
The point in time when a financial instrument, such as a bond, CD, or loan, reaches its final due date and the principal is to be repaid.
Paying
The act of disbursing or settling a financial obligation.
Term Deposit
A type of bank deposit that is held at a financial institution for a fixed term or period of time, often yielding higher interest rates.
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