Examlex
Explain enterprise application integration.
Annuity
A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.
Period Of Time
A specific duration or length of time during which events occur or conditions exist.
Perpetual Payments
Payments that continue indefinitely, often seen in perpetuities where an initial investment pays a constant amount to the investor forever.
Discount Rate
The interest rate that the Federal Reserve charges banks for short-term loans, which influences monetary policy and the cost of borrowing.
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