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With the ranking method, the ratings of employees' performance are distributed along a bell-shaped curve.
Bequest
A gift of personal property by means of a will.
Beneficiaries
Individuals or entities entitled to benefits or proceeds from a will, insurance policy, trust, or other financial instruments.
Endowments
Funds or property donated as a source of income, where the principal is typically kept intact in perpetuity or for a defined time period.
Investment Income
Refers to the money earned from various investments, including dividends, interest, or capital gains from securities, real estate, and other assets.
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