Examlex
A variation of the dry-pipe system is the pre-action system, which has a two-phase response to a fire. _________________________
Yield
The return in terms of income from an investment, like dividends or interest earned by possessing a specific security.
Compound-interest
Interest computed on both the original sum invested or loaned, as well as on the interest that has been added to this principal amount over earlier periods.
GIC
A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.
Investment
The allocation of resources, such as time, money, or effort, in hope of generating a future benefit or profit.
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