Examlex
The type of conflict that stimulates employees to work toward greater effort, cooperation, and creativity is functional conflict.
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.
Commercial Paper
An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Simple Interest
Interest calculated only on the principal amount, or on that portion of the principal amount that remains unpaid.
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