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Definition
| A quick method of calculating the interest charge on a loan |
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Definition
| Interest paid only on the original principal, not on the interest accrued |
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Definition
| The estimation of doubling time on an investment, for which the compounded annual rate of return times the number of years must equal roughly 72 for the investment to double in value |
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Definition
| Not subject to taxation, as the capital or income of a philanthropic organization |
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Definition
| An investment in which some or all taxes are paid at a future date, rather than in the year the investment produces income |
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Definition
| The effective annual rate of return taking into account the effect of compounding interest |
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Definition
| A savings certificate entitling the bearer to receive interest |
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Term
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Definition
| A U.S. government savings bond that offers a fixed rate of interest over a fixed period of time |
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