Examlex
A homeowner in a sunny climate has the opportunity to install a solar water heater in his home for a cost of $2400.After installation the solar water heater will produce a small amount of hot water every day,forever,and will require no maintenance.How much must the homeowner save on water heating costs every year if this is to be a sound investment? (The interest rate is 9% per year.)
Section 5
Depending on context, could refer to specific sections of various laws or regulations, each with its own unique provisions.
1933 Act
A federal statute, officially the Securities Act of 1933, aimed at ensuring more transparency in financial statements so investors can make informed decisions.
Quiet Period
The quiet period is a term used in finance, referring to a timeframe where a company about to go public is restricted in its ability to publicly discuss its business, to ensure fairness in the dissemination of company information.
1933 Act
The Securities Act of 1933, a federal law enacted as part of the New Deal, which regulates the offer and sale of securities to protect investors from fraud.
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