Examlex
An employer's total payroll-related costs always exceed the wages and salaries earned by employees by:
Holding-Period Return
The total return received from holding an asset or portfolio of assets over a specified period, accounting for both income and capital gains.
Nominal Rate
The stated interest rate of a financial product, not accounting for inflation or compounding effects.
Compounded Quarterly
Refers to the method of applying interest to an existing principal amount and any accrued interest every quarter or three months.
Effective Yield
A measure of the return on an investment, taking into account the effect of compounding interest.
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