Examlex
__________ refers to a maximum amount of time beyond which the employee will have unfettered access to their retirement funds, both employee contributions and employer contributions.
Yield
The income return on an investment, such as the interest or dividends received, usually expressed as an annual percentage rate based on the investment's cost, its current market value, or its face value.
Canada Savings Bond
A secure investment instrument offered by the Canadian government, allowing citizens to lend money to the government with a guaranteed return.
Redeemed
Refers to the act of exchanging a financial instrument, such as a bond or coupon, for cash or goods.
Interest Rates
The percentage of a loan or deposit amount charged as interest to the borrower or paid to the investor.
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