Examlex
What are opportunistic infections?
360-Day Year
An accounting convention that simplifies interest calculations by assuming all months have 30 days, resulting in a 360-day year.
Bond
A fixed income instrument representing a loan made by an investor to a borrower, typically corporate or governmental.
Purchase Cost
The total expense incurred to acquire an asset, including the purchase price and associated costs.
360-Day Year
A financial convention or simplification to treat all months as 30 days in duration for the ease of interest calculations and financial analysis.
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