Examlex
In duration analysis, the times at which cash flows are received are weighted by the relative importance in present value terms of the cash flows arriving at each point in time.
Biweekly Pay
A payment system where employees receive wages every two weeks, resulting in 26 pay periods annually.
Annual Salary
The total amount of money an employee earns in one year before taxes and other deductions.
Commission Rate
The percentage of a sale price that is paid to an agent or employee for their sales efforts or services.
Stockbroker
A professional who buys and sells stocks and other securities for clients in exchange for a fee or commission.
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