Examlex
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Present Value
The contemporary valuation of an upcoming sum of money or cash flows over time, factoring in a designated rate of return.
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.
Par Value
The stated value of a bond or stock by the issuing entity, which may not mirror its actual value in the market.
Periodic Interest Payments
Regular payments made to a lender by a borrower, covering the interest incurred on the borrowed funds.
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