Examlex
A rules-based approach to workplace justice was welcomed by unions because it fulfilled the union's need for:
Effective Rate
Refers to the real rate of interest earned or paid on an investment, loan, or other financial product, adjusted for the effect of compounding over a given period.
Return Required
The minimum expected rate of return on an investment necessary for an investor to consider it worthwhile.
Interest-Bearing Note
A debt instrument that pays interest to the holder, typically issued at face value and redeemed at maturity for the same amount plus accrued interest.
Times Interest Earned Ratio
A financial metric that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes.
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