Examlex
Evidence suggests that technological change has had a bigger impact than globalization on the declining share of national income enjoyed by unskilled labor.
Maturity Value
The amount payable to the investor at the end of a security's maturity period; this includes the principal plus interest.
Treasury Bill
Short-term government securities issued at a discount from the face value and mature in a year or less, representing a secure investment.
Simple Interest
Interest calculated only on the principal amount, or the initial sum of money invested or loaned.
Market Rate
The prevailing interest rate available in the marketplace for investments, loans, and deposits.
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