Examlex
The poverty line is adjusted each year to reflect changes in the
Interest Rate
The price, shown in the form of a percentage of the principal, charged by lenders to borrowers for asset employment.
Diversify
The attempt to spread investment risk by selecting a variety of investment options within a portfolio.
Adage
A short, pointed and memorable saying that expresses a truth or insight.
Private Saving
The portion of an individual's or household's income that is not spent on consumption or taxes and is instead set aside for future use.
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