Examlex
In general, unionized workers cannot pursue wrongful dismissal because they are covered by an alternative remedy: the grievance arbitration process.
Annual Interest
The amount of interest due over the course of a year on borrowed capital or invested funds.
Accounting Profits
The difference between a company's total revenue and its explicit costs, not including opportunity costs.
Savings Account
A deposit account held at a bank or financial institution that pays interest but typically has limited transactions.
Loan
Borrowed money that is expected to be paid back with interest to the lender, according to agreed terms and conditions.
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