Examlex
The time factor is not taken into account in selecting a communication medium.
Non-interest-bearing Note
A financial instrument or loan that does not accrue interest over its life, meaning the borrower repays only the principal amount.
Actuarial Information
Data related to evaluating risks and determining rates or premiums in the insurance and finance industries, based on statistical analyses.
Conversion Privilege
A feature of certain securities that allows the holder to convert them into a different type of security, typically shares of the issuing company's stock.
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