Examlex
The benefit limits provision identifies the minimum benefits that will be paid for days spent in the hospital.
Rate Of Growth
The speed at which a variable, such as an economy, company's sales, or an investment, increases over a certain period of time.
Compounded Monthly
The method of computing interest that includes both the original amount and the interest earned in past months, applied each month.
Compounded Annually
The process where interest is calculated once per year and added to the principal, affecting future interest calculations.
Trust Fund
A legal entity created to hold assets for the benefit of a particular person, group, or organization, managed by a trustee.
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