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Zero-Sum Game
A situation in which one participant's gain or loss is exactly balanced by the losses or gains of the other participants.
Fixed Rate
An interest rate that remains constant over the specified term of a loan or financial instrument, regardless of market fluctuations.
Variable Rate
An interest rate that can change, in contrast to a fixed interest rate, and is often associated with loans or savings accounts.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.
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