Examlex
What is foreign exchange market?
Proceeds
The amount of money brought in from a transaction or sale, before any expenses are deducted.
Compounded Semi-annually
The process of applying interest to both the principal amount and any accumulated interest every six months.
RRSP
A Registered Retirement Savings Plan, which is a retirement savings and investing vehicle for employees and the self-employed in Canada, offering tax benefits.
Maturity Value
The amount of money an investment will grow to over a period of time at a specified interest rate.
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