Examlex
A high level of expected risk suggests a low price-earnings ratio.
Daily Compounding
The process where the interest on an investment is calculated daily and added to the principal, so that each subsequent calculation of interest includes interest previously earned.
Bank Account
A financial account maintained by a banking institution in which the financial transactions between a customer and the bank are recorded.
Withdraw
The act of removing funds from an account, decreasing investment in a particular asset, or retracting participation from an agreement or membership.
Nominal Annual Rate
The interest rate stated on a loan or investment agreement, not adjusting for inflation or the compounding of interest.
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