Examlex
What are some of the new responsibilities of management required by the Sarbanes-Oxley Act of 2002?
Compounded Semi-Annually
Interest on an investment or loan calculated twice a year and then added to the principal amount, affecting future interest calculations.
Retirement Plan
A financial strategy designed to help individuals save and invest money to provide for financial security in their retirement years.
Single Investment
A one-time contribution of funds to a particular investment vehicle.
Indexed Annuity
A type of annuity that earns returns on contributions based on a specified equity-based index.
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