Examlex
The gray market refers to exports targeted to senior citizens.
Rational Investor
An individual who makes investment decisions based on logical analysis, aiming to maximize returns while minimizing risks.
Interest Rate
The fraction of a loan that is charged to the borrower in the form of interest, typically described as an annual percentage of the loan's remaining principle.
Asset
An item of value owned by a person or corporation, expected to provide future benefits or returns.
Geometric Series
A sequence of numbers where each term after the first is found by multiplying the previous one by a fixed, non-zero number called the common ratio.
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