Examlex
The distributive justice principle of ethical decision making is based largely on a cost-benefit analysis of each decision alternative.
Annuity
An investment vehicle designed to provide a consistent payment flow to a person, often employed to secure a steady income for individuals in retirement.
Callable Bonds
Bonds that can be redeemed by the issued before their maturity date at a predefined calling price.
Fiscal Year
A 12-month period that a company or government uses for accounting purposes and preparing financial statements, not necessarily matching the calendar year.
Interest Payable
Interest payable is the amount of interest expense that has accumulated but not yet been paid by the company within a given accounting period.
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