Examlex
Why are brokers often referred to as market makers?
Discount Rate
The rate of interest applied in discounted cash flow analysis to calculate the present value of forthcoming cash flows.
Defined Contribution Plan
A retirement plan where the employer, employee, or both make contributions on a regular basis, with final benefits dependent on investment performance.
Interest Cost
The total expense for borrowing money, typically expressed as an annual percentage of the loan amount.
Actuarially Assumed
Actuarially assumed involves estimations or calculations made based on actuarial methods, often related to insurance or pensions, to predict future obligations or costs.
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