Examlex
A psychological contract is a set of expectations held by an individual about what will be given and received in the employment relationship.
Compounded Monthly
Calculating interest each month by adding it to both the original investment and the interest that has already been accumulated from past periods.
Quarterly Payments
Payments made four times a year at three-month intervals, often related to dividends or loan repayments.
Interest Rate
The expense a borrower bears for the use of funds from a lender, measured as a fraction of the principal.
Discount Rate
This term refers to the interest rate used in discounted cash flow analysis to figure out the current value of cash flows that will occur in the future.
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