Examlex
Stock rights allow stockholders to purchase additional shares of stock in direct proportion to the number of shares they own.
Annual Interest Rate
The percentage increase in money owed or invested over a year, due to interest.
Amortize
The process of gradually paying off a debt or spreading the cost of an intangible asset over its useful life for accounting and tax purposes.
Equal End-of-Year
A term referring to payments or allocations that are made uniformly at the end of each year.
Effective Annual Rate
The effective annual rate (EAR) is the interest rate on a financial product restated from nominal terms into an annualized rate accounting for compounding over a period.
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