Examlex
Considering the needs,goals,and desires of our partners is a way to become
Compound-interest
Interest computed on both the original sum invested or loaned, as well as on the interest that has been added to this principal amount over earlier periods.
GIC
A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.
Investment
The allocation of resources, such as time, money, or effort, in hope of generating a future benefit or profit.
Strip Bond
A debt security that has had its main components, namely the coupon and the principal, separated to be sold individually as zero-coupon bonds.
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