Examlex
What is shareholder activism?
Cash Rebate
A partial refund to someone who has paid too much money for tax, rent, or a utility, or as a promotional incentive from the purchase of goods or services.
Effective Rate
The actual interest rate earned or paid on an investment, loan, or savings account, taking into account the effect of compounding.
Annuitant
The individual who receives the benefits or payments from an annuity plan.
Annuity
A finance-related product that ensures a continual payment stream to a recipient, mainly used in planning for life after work.
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