Examlex
A semiarid climate represents a transition zone that surrounds a desert and separates it from the bordering humid climates.
Compound-Interest GIC
A Guaranteed Investment Certificate where the interest earned is compounded at regular intervals, allowing the investment to grow at a faster rate compared to simple interest.
Maturity Value
The amount to be paid to the holder of a financial instrument at the end of its term or at maturity.
Dollar Amount
A numerical monetary value specified in units of currency, specifically the United States dollar.
Compound-Interest GIC
A Compound-Interest Guaranteed Investment Certificate is a type of investment where the interest earned is reinvested and earns interest itself, over the term of the GIC.
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