Examlex
A hacker is someone who uses one computer to break into another.
Settlement Options
The various ways that an insurance policy or financial contract can be paid out to the beneficiary, including lump-sum payments and annuities.
Lump Sum Payment
A single payment made at a particular time, as opposed to multiple payments made over a period.
Present Value
The present fiscal value of a future sum of money or sequence of cash inflows, determined by a specified rate of return.
Perpetuity
A financial instrument or investment that generates a constant stream of cash flows with no end date.
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