Examlex
Synchondrosis joints between the ribs and sternum allow for expansion of the chest cavity during breathing.
Compounded Monthly
The process of adding interest to the principal sum of a loan or deposit, or in other words, interest on interest, on a monthly basis.
Compounded Annually
Interest on an investment or loan calculated once a year on both the initial principal and the accumulated interest from previous periods.
RRSP
Registered Retirement Savings Plan, a Canadian retirement savings vehicle that offers tax benefits.
Ordinary Annuity
Definition: An annuity for which the payment or receipt of funds happens at the end of each period.
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