Examlex
What process does wine go through in order to prevent it from turning to vinegar?
Principal amount
The principal amount refers to the initial sum of money borrowed in a loan or invested, excluding any interest or additional fees.
Compounded quarterly
Refers to the calculation and addition of interest on a principal amount four times a year.
Annual scholarships
Financial awards given to students once a year to support their education, often based on merit, need, or specific criteria set by the scholarship provider.
Semi-annual dividend
A payment made to shareholders from a company's earnings, distributed twice a year.
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