What Is the Official Name Assigned to a Specific Drug

question 9

Multiple Choice

What is the official name assigned to a specific drug for worldwide use?

• A)trade name
• B)chemical name
• C)proprietary name
• D)generic name

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Definitions:

Annual Interest Rate

The percentage of the principal that a borrower must pay as interest over the course of one year, affecting the total cost of loans or the yield from investments.

Annuity

A monetary instrument offering regular, fixed payments to someone, commonly employed to generate a revenue flow for retired individuals.

Semiannual Interest

Interest that is computed and disbursed semi-annually, commonly associated with bonds and loans.

Straight-Line Method

A method of calculating depreciation or amortization by evenly distributing the cost over the useful life of the asset.