Examlex
What is the mathematical method of handling imprecise or subjective information?
Discount Rate
The interest rate charged by central banks on loans to commercial banks or the rate used in discounted cash flow analysis to determine present value.
Simple Interest
Interest determined strictly on the base amount, or on the unpaid segment of that base amount.
Term Deposit
A deposit held at a financial institution for a fixed term that offers a fixed interest rate, where withdrawing money before the term ends usually incurs a penalty.
Bookkeeper
A person responsible for recording the financial transactions and maintaining the financial records of a business.
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