Examlex
Phone interviews are rarely a formality; instead, they can be the first critical step in the evaluation process
Compounded Annually
Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a loan or deposit.
Inheritance
Wealth or attributes passed on to heirs upon the death of an individual.
Lump Sum
A lump sum is a single payment of money, as opposed to a series of payments made over time.
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