Examlex
IBM WebSphere software components include catalog management tools for both B2B and B2C operations.
Compounded Monthly
The process by which interest is calculated on both the principal and the accumulated interest on a monthly basis.
Deferred Annuity
An annuity contract that delays payments until the investor elects to receive them, often at retirement.
Ordinary Annuity
An ordinary annuity consists of identical payments that are made at the conclusion of successive periods for a specified duration.
Deferred Annuity
An annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them.
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