Examlex
When partially digested food enters the small intestine from the stomach, several events must occur to protect the intestine and allow for the continued digestion of the food. One hormone in particular performs two of these functions. What intestinal hormone is responsible for causing the pancreas to release digestive enzymes and the gallbladder to release bile salts into the intestine?
Contract
A contract that is recognized and can be enforced by law, formed between two or more participants.
Simple Interest
Simple Interest is a calculation of interest that does not take into account the effect of compounding. It is typically calculated by multiplying the daily interest rate by the principal amount and the number of days that elapse between payments.
Early Redemption
The act of returning a financial instrument, such as a bond, before its maturity date, often subjecting the holder to a penalty or reduced return.
Term Deposit
A financial vehicle offered by banks that locks funds for a certain period, earning a specified interest rate.
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