Examlex
Alfred Binet and Theodore Simon developed the first intelligence test in order to identify children who needed remedial education.
Interest Payments
The payments made by borrowers to lenders as a fee for using the borrowed money, typically expressed as an annual rate.
Tax Deductible
Refers to eligible expenses that can be subtracted from taxable income, thereby reducing the total amount of tax owed to the government.
Discount
A reduction in the price of a good or service, typically to encourage purchase.
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