Examlex
The study of communication in nonhuman primates suggests that the major impediment to their use of vocal language is their inability to
Fair Market Value
The price at which an asset would trade in a competitive auction setting, reflecting the true value as agreed upon by a willing buyer and seller.
RRSP
A Registered Retirement Savings Plan, a Canadian investment account for holding savings and investment assets, with certain tax advantages.
Compounded Annually
Interest calculated once a year on the initial principal and the accumulated interest of previous periods of a deposit or loan.
Deferred Annuity
An insurance product that delays income payments until the investor elects to receive them, which can be many years after the initial investment.
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