Examlex
If inflation is 3% how many years will it take to decrease in value to less that 50% of the original value (use the closest 5 year time period) ?
Liable
Being legally responsible for something, especially in terms of owing compensation or facing legal penalties for wrongful actions.
Subagent
An agent appointed by another agent with the principal's approval, to perform tasks or duties related to the principal's assignment.
Authorization
The formal permission granted by a competent authority to carry out a specific action or process.
Principal
The amount of money originally invested or loaned, on which basis interest and returns are calculated.
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