Examlex
Employee stock ownership programs are retirement plans set up for top-level executives.
EAR
Effective Annual Rate (EAR) is a measure of interest that takes into account the effects of compounding over a given period.
Compounded Monthly
Interest calculated on an investment or loan each month based on both the initial principal and the accumulated interest from previous months.
EAR
Effective Annual Rate, a measure of interest that takes into account the effect of compounding over a year.
Compounded Quarterly
The process whereby the interest earned on an investment is calculated and added to the principal sum every three months, then the new total is used for the next compounding period.
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